2024 AED to CAD Historical Review

YEARLY HIGH

0.3937 CAD

YEARLY LOW

0.3606 CAD

YEARLY AVERAGE

0.3731 CAD

2024 AED to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3937. Conversely, the yearly low was recorded on January 1, dropping to 0.3606.

This high-to-low spread represents a total annual volatility of 0.0331 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3653 to the December average rate of 0.3883, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3937 was up 4.18% compared to the 2023 peak of 0.3779, 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 1,969 CAD

2023 Average 1,838 CAD

Yearly Trough Low 1,803 CAD

Transaction Impact: A difference of 165.70 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3906

0.3630

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 0.3699, compared to 0.3763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.3699

H2 Avg (Jul–Dec) 0.3763

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0122 CAD (High: 0.3937 / Low: 0.3815). On the other end, May was the most stable month, with a tight range of 0.0037 CAD (High: 0.3739 / Low: 0.3702).

December Spread (Volatile) ±0.0122

May Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, 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 (December 2024: 0.3883) against the same month in 2023 (average: 0.3652), the exchange rate shifted by +0.0231 (+6.33%).

2024 Avg (December) 0.3883

2023 Avg (December) 0.3652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3683	0.3606	0.3653
February	0.3697	0.3644	0.3674
March	0.3710	0.3663	0.3687
April	0.3764	0.3683	0.3725
May	0.3739	0.3702	0.3721
June	0.3751	0.3708	0.3732
July	0.3773	0.3707	0.3734
August	0.3780	0.3661	0.3721
September	0.3706	0.3654	0.3689
October	0.3794	0.3674	0.3746
November	0.3839	0.3767	0.3807
December	0.3937	0.3815	0.3883