YEARLY HIGH
0.2631 EUR
YEARLY LOW
0.2430 EUR
YEARLY AVERAGE
0.2517 EUR

2024 AED to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2631. Conversely, the yearly low was recorded on August 23, dropping to 0.2430.

This high-to-low spread represents a total annual volatility of 0.0200 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2496 to the December average rate of 0.2600, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2631 was up 1.15% compared to the 2023 peak of 0.2600, 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 1,315 EUR
2023 Average 1,258 EUR
Yearly Trough Low 1,215 EUR
Transaction Impact: A difference of 100.07 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2615
0.2436
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 0.2518, compared to 0.2515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2518
H2 Avg (Jul–Dec) 0.2515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0123 EUR (High: 0.2613 / Low: 0.2490). On the other end, March was the most stable month, with a tight range of 0.0038 EUR (High: 0.2523 / Low: 0.2486).

November Spread (Volatile) ±0.0123
March Spread (Stable) ±0.0038

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 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2600) against the same month in 2023 (average: 0.2493), the exchange rate shifted by +0.0107 (+4.29%).

2024 Avg (December) 0.2600
2023 Avg (December) 0.2493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2520 0.2467 0.2496
February 0.2543 0.2504 0.2522
March 0.2523 0.2486 0.2505
April 0.2564 0.2507 0.2540
May 0.2540 0.2500 0.2518
June 0.2549 0.2496 0.2530
July 0.2536 0.2489 0.2508
August 0.2524 0.2430 0.2470
September 0.2473 0.2433 0.2451
October 0.2525 0.2461 0.2498
November 0.2613 0.2490 0.2562
December 0.2631 0.2572 0.2600