YEARLY HIGH
16.6371 DOP
YEARLY LOW
15.7771 DOP
YEARLY AVERAGE
16.1825 DOP

2024 AED to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 16.6371. Conversely, the yearly low was recorded on May 4, dropping to 15.7771.

This high-to-low spread represents a total annual volatility of 0.8600 DOP. From a start-to-finish perspective, comparing the January average rate of 15.9541 to the December average rate of 16.5244, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.6371 was up 5.16% compared to the 2023 peak of 15.8210, 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 83,185 DOP
2023 Average 76,225 DOP
Yearly Trough Low 78,886 DOP
Transaction Impact: A difference of 4,299.77 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.5849
15.8588
JanuMarcMayJulySeptNove

AED to DOP 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 16.0234, compared to 16.3415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3181 points.

H1 Avg (Jan–Jun) 16.0234
H2 Avg (Jul–Dec) 16.3415

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.3541 DOP (High: 16.1312 / Low: 15.7771). On the other end, October was the most stable month, with a tight range of 0.0963 DOP (High: 16.4785 / Low: 16.3822).

May Spread (Volatile) ±0.3541
October Spread (Stable) ±0.0963

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1684 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.5244) against the same month in 2023 (average: 15.6107), the exchange rate shifted by +0.9137 (+5.85%).

2024 Avg (December) 16.5244
2023 Avg (December) 15.6107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.0640 15.7803 15.9541
February 16.0498 15.9216 15.9812
March 16.1589 15.9444 16.0670
April 16.1846 15.9246 16.0877
May 16.1312 15.7771 15.9193
June 16.2981 16.0350 16.1315
July 16.1511 16.0466 16.1039
August 16.3219 16.0490 16.2276
September 16.4511 16.2415 16.3376
October 16.4785 16.3822 16.4258
November 16.4830 16.3632 16.4298
December 16.6371 16.4159 16.5244