YEARLY HIGH
48.9219 DJF
YEARLY LOW
48.0448 DJF
YEARLY AVERAGE
48.4129 DJF

2024 AED to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 48.9219. Conversely, the yearly low was recorded on August 3, dropping to 48.0448.

This high-to-low spread represents a total annual volatility of 0.8772 DJF. From a start-to-finish perspective, comparing the January average rate of 48.4390 to the December average rate of 48.4233, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 48.9219 was up 0.00% compared to the 2023 peak of 48.9199, 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 244,610 DJF
2023 Average 242,096 DJF
Yearly Trough Low 240,224 DJF
Transaction Impact: A difference of 4,385.76 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.4554
48.3446
JanuMarcMayJulySeptNove

AED to DJF 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 48.4141, compared to 48.4117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 48.4141
H2 Avg (Jul–Dec) 48.4117

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.6041 DJF (High: 48.7936 / Low: 48.1895). On the other end, July was the most stable month, with a tight range of 0.1923 DJF (High: 48.5179 / Low: 48.3256).

June Spread (Volatile) ±0.6041
July Spread (Stable) ±0.1923

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0592 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0592

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 48.4462) against the same month in 2023 (average: 48.4578), the exchange rate shifted by -0.0116 (-0.02%).

2024 Avg (February) 48.4462
2023 Avg (February) 48.4578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.6005 48.2827 48.4390
February 48.9219 48.3836 48.4462
March 48.6172 48.2602 48.3999
April 48.6038 48.3518 48.4152
May 48.5697 48.0534 48.3756
June 48.7936 48.1895 48.4089
July 48.5179 48.3256 48.4131
August 48.6477 48.0448 48.3539
September 48.7301 48.3553 48.4404
October 48.6803 48.1895 48.4192
November 48.7541 48.2758 48.4204
December 48.5545 48.2878 48.4233