2024 AED to CVE Historical Review

YEARLY HIGH

28.9242 CVE

YEARLY LOW

26.8210 CVE

YEARLY AVERAGE

27.7739 CVE

2024 AED to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 28.9242. Conversely, the yearly low was recorded on August 25, dropping to 26.8210.

This high-to-low spread represents a total annual volatility of 2.1032 CVE. From a start-to-finish perspective, comparing the January average rate of 27.5365 to the December average rate of 28.6521, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.9242 was up 0.76% compared to the 2023 peak of 28.7069, 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 144,621 CVE

2023 Average 138,977 CVE

Yearly Trough Low 134,105 CVE

Transaction Impact: A difference of 10,516.08 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.8114

26.8991

JanuMarcMayJulySeptNove

AED to CVE 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 27.7906, compared to 27.7572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0334 points.

H1 Avg (Jan–Jun) 27.7906

H2 Avg (Jul–Dec) 27.7572

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.2760 CVE (High: 28.8376 / Low: 27.5616). On the other end, February was the most stable month, with a tight range of 0.3609 CVE (High: 28.0532 / Low: 27.6924).

November Spread (Volatile) ±1.2760

February Spread (Stable) ±0.3609

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.3735 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3735

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 28.6521) against the same month in 2023 (average: 27.5479), the exchange rate shifted by +1.1041 (+4.01%).

2024 Avg (December) 28.6521

2023 Avg (December) 27.5479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.7366	27.1804	27.5365
February	28.0532	27.6924	27.8453
March	27.8935	27.4279	27.6513
April	28.2838	27.6443	27.9719
May	28.2134	27.5530	27.8150
June	28.1650	27.5811	27.9235
July	28.0561	27.4632	27.6882
August	27.9200	26.8210	27.3147
September	27.2455	26.8604	27.0585
October	27.8664	27.0858	27.5789
November	28.8376	27.5616	28.2508
December	28.9242	28.3630	28.6521