2023 AED to BOB Historical Review

YEARLY HIGH

1.8988 BOB

YEARLY LOW

1.8550 BOB

YEARLY AVERAGE

1.8808 BOB

2023 AED to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.8988. Conversely, the yearly low was recorded on March 18, dropping to 1.8550.

This high-to-low spread represents a total annual volatility of 0.0438 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8813 to the December average rate of 1.8837, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8988 was up 0.09% compared to the 2022 peak of 1.8971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 9,494 BOB

2022 Average 9,383 BOB

Yearly Trough Low 9,275 BOB

Transaction Impact: A difference of 218.96 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8841

1.8784

JanuMarcMayJulySeptNove

AED to BOB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.8808, compared to 1.8807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.8808

H2 Avg (Jul–Dec) 1.8807

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0323 BOB (High: 1.8873 / Low: 1.8550). On the other end, January was the most stable month, with a tight range of 0.0081 BOB (High: 1.8831 / Low: 1.8750).

March Spread (Volatile) ±0.0323

January Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.8815) against the same month in 2022 (average: 1.8736), the exchange rate shifted by +0.0079 (+0.42%).

2023 Avg (February) 1.8815

2022 Avg (February) 1.8736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8831	1.8750	1.8813
February	1.8988	1.8707	1.8815
March	1.8873	1.8550	1.8788
April	1.8900	1.8686	1.8813
May	1.8853	1.8760	1.8809
June	1.8884	1.8697	1.8810
July	1.8892	1.8635	1.8795
August	1.8885	1.8680	1.8812
September	1.8853	1.8746	1.8808
October	1.8853	1.8730	1.8799
November	1.8830	1.8658	1.8792
December	1.8916	1.8800	1.8837