2023 AED to EUR Historical Review

YEARLY HIGH

0.2600 EUR

YEARLY LOW

0.2421 EUR

YEARLY AVERAGE

0.2516 EUR

2023 AED to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2600. Conversely, the yearly low was recorded on July 14, dropping to 0.2421.

This high-to-low spread represents a total annual volatility of 0.0179 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2524 to the December average rate of 0.2493, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2600 was down 8.34% compared to the 2022 peak of 0.2837, 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 1,300 EUR

2022 Average 1,295 EUR

Yearly Trough Low 1,211 EUR

Transaction Impact: A difference of 89.53 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2588

0.2451

JanuMarcMayJulySeptNove

AED to EUR 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 0.2517, compared to 0.2516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2517

H2 Avg (Jul–Dec) 0.2516

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0117 EUR (High: 0.2546 / Low: 0.2429). On the other end, October was the most stable month, with a tight range of 0.0049 EUR (High: 0.2600 / Low: 0.2551).

May Spread (Volatile) ±0.0117

October Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2577) against the same month in 2022 (average: 0.2768), the exchange rate shifted by -0.0191 (-6.92%).

2023 Avg (October) 0.2577

2022 Avg (October) 0.2768

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2588	0.2493	0.2524
February	0.2580	0.2472	0.2544
March	0.2581	0.2497	0.2541
April	0.2520	0.2447	0.2478
May	0.2546	0.2429	0.2503
June	0.2545	0.2477	0.2511
July	0.2508	0.2421	0.2462
August	0.2522	0.2469	0.2496
September	0.2592	0.2523	0.2550
October	0.2600	0.2551	0.2577
November	0.2572	0.2475	0.2516
December	0.2530	0.2451	0.2493