2023 AED to CAD Historical Review

YEARLY HIGH

0.3779 CAD

YEARLY LOW

0.3570 CAD

YEARLY AVERAGE

0.3676 CAD

2023 AED to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.3779. Conversely, the yearly low was recorded on July 13, dropping to 0.3570.

This high-to-low spread represents a total annual volatility of 0.0209 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3654 to the December average rate of 0.3652, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3779 was down 0.01% compared to the 2022 peak of 0.3780, 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 1,890 CAD

2022 Average 1,772 CAD

Yearly Trough Low 1,785 CAD

Transaction Impact: A difference of 104.67 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3747

0.3589

JanuMarcMayJulySeptNove

AED to CAD 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 0.3672, compared to 0.3680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.3672

H2 Avg (Jul–Dec) 0.3680

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0109 CAD (High: 0.3702 / Low: 0.3593). On the other end, September was the most stable month, with a tight range of 0.0065 CAD (High: 0.3725 / Low: 0.3660).

December Spread (Volatile) ±0.0109

September Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3734) against the same month in 2022 (average: 0.3731), the exchange rate shifted by +0.0002 (+0.06%).

2023 Avg (October) 0.3734

2022 Avg (October) 0.3731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3723	0.3623	0.3654
February	0.3715	0.3614	0.3664
March	0.3774	0.3682	0.3730
April	0.3725	0.3633	0.3681
May	0.3720	0.3642	0.3684
June	0.3662	0.3579	0.3618
July	0.3639	0.3570	0.3602
August	0.3706	0.3613	0.3671
September	0.3725	0.3660	0.3689
October	0.3779	0.3696	0.3734
November	0.3767	0.3692	0.3732
December	0.3702	0.3593	0.3652