YEARLY HIGH
0.6335 FJD
YEARLY LOW
0.5943 FJD
YEARLY AVERAGE
0.6125 FJD

2024 AED to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6335. Conversely, the yearly low was recorded on September 30, dropping to 0.5943.

This high-to-low spread represents a total annual volatility of 0.0391 FJD. From a start-to-finish perspective, comparing the January average rate of 0.6081 to the December average rate of 0.6282, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6335 was up 0.88% compared to the 2023 peak of 0.6279, 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 3,167 FJD
2023 Average 3,035 FJD
Yearly Trough Low 2,972 FJD
Transaction Impact: A difference of 195.68 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6309
0.5984
JanuMarcMayJulySeptNove

AED to FJD 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 0.6128, compared to 0.6121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.6128
H2 Avg (Jul–Dec) 0.6121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0242 FJD (High: 0.6209 / Low: 0.5967). On the other end, June was the most stable month, with a tight range of 0.0105 FJD (High: 0.6172 / Low: 0.6068).

October Spread (Volatile) ±0.0242
June Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6282) against the same month in 2023 (average: 0.6032), the exchange rate shifted by +0.0249 (+4.14%).

2024 Avg (December) 0.6282
2023 Avg (December) 0.6032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6171 0.5976 0.6081
February 0.6192 0.6085 0.6124
March 0.6204 0.6065 0.6131
April 0.6244 0.6095 0.6171
May 0.6237 0.6064 0.6143
June 0.6172 0.6068 0.6121
July 0.6172 0.6046 0.6109
August 0.6179 0.5994 0.6074
September 0.6103 0.5943 0.6011
October 0.6209 0.5967 0.6082
November 0.6255 0.6094 0.6171
December 0.6335 0.6164 0.6282