2024 AED to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AED to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AED to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 783.5079. Conversely, the yearly low was recorded on January 20, dropping to 724.2263.
This high-to-low spread represents a total annual volatility of 59.2816 CDF. From a start-to-finish perspective, comparing the January average rate of 741.0622 to the December average rate of 777.0707, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 783.5079 was up 3.04% compared to the 2023 peak of 760.3935, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AED to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 756.5175, compared to 776.4475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.9300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 25.1846 CDF (High: 749.4109 / Low: 724.2263). On the other end, February was the most stable month, with a tight range of 7.1957 CDF (High: 753.9967 / Low: 746.8010).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7791 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 777.3898) against the same month in 2023 (average: 685.6125), the exchange rate shifted by +91.7774 (+13.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 749.4109 | 724.2263 | 741.0622 |
| February | 753.9967 | 746.8010 | 750.4311 |
| March | 760.2715 | 752.2559 | 755.3762 |
| April | 767.7610 | 755.3790 | 760.1129 |
| May | 769.3983 | 757.1963 | 761.1048 |
| June | 776.3738 | 761.0881 | 771.0177 |
| July | 781.5137 | 769.9434 | 774.2511 |
| August | 782.7389 | 764.7363 | 775.6490 |
| September | 780.2201 | 771.1554 | 775.4746 |
| October | 783.5079 | 772.6849 | 777.3898 |
| November | 782.7365 | 774.0796 | 778.8497 |
| December | 781.6499 | 771.4614 | 777.0707 |