2024 AED to BOB Historical Review

YEARLY HIGH

1.8987 BOB

YEARLY LOW

1.8644 BOB

YEARLY AVERAGE

1.8820 BOB

2024 AED to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.8987. Conversely, the yearly low was recorded on August 4, dropping to 1.8644.

This high-to-low spread represents a total annual volatility of 0.0343 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8810 to the December average rate of 1.8813, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8987 was down 0.01% compared to the 2023 peak of 1.8988, 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 9,493 BOB

2023 Average 9,404 BOB

Yearly Trough Low 9,322 BOB

Transaction Impact: A difference of 171.29 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8849

1.8796

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 1.8819, compared to 1.8820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.8819

H2 Avg (Jul–Dec) 1.8820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0233 BOB (High: 1.8877 / Low: 1.8644). On the other end, July was the most stable month, with a tight range of 0.0071 BOB (High: 1.8830 / Low: 1.8759).

August Spread (Volatile) ±0.0233

July Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.8820) against the same month in 2023 (average: 1.8815), the exchange rate shifted by +0.0005 (+0.03%).

2024 Avg (February) 1.8820

2023 Avg (February) 1.8815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8867	1.8762	1.8810
February	1.8987	1.8774	1.8820
March	1.8888	1.8731	1.8813
April	1.8929	1.8791	1.8845
May	1.8847	1.8714	1.8812
June	1.8937	1.8767	1.8815
July	1.8830	1.8759	1.8809
August	1.8877	1.8644	1.8800
September	1.8890	1.8767	1.8822
October	1.8893	1.8797	1.8838
November	1.8960	1.8728	1.8838
December	1.8876	1.8738	1.8813