2024 AED to GMD Historical Review

YEARLY HIGH

19.6025 GMD

YEARLY LOW

18.2967 GMD

YEARLY AVERAGE

18.7348 GMD

2024 AED to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 19.6025. Conversely, the yearly low was recorded on January 6, dropping to 18.2967.

This high-to-low spread represents a total annual volatility of 1.3059 GMD. From a start-to-finish perspective, comparing the January average rate of 18.3211 to the December average rate of 19.5513, the exchange rate registered a net change of 6.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.6025 was up 6.77% compared to the 2023 peak of 18.3594, 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 98,013 GMD

2023 Average 84,814 GMD

Yearly Trough Low 91,483 GMD

Transaction Impact: A difference of 6,529.32 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.6743

18.1981

JanuMarcMayJulySeptNove

AED to GMD 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 18.4351, compared to 19.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5994 points.

H1 Avg (Jan–Jun) 18.4351

H2 Avg (Jul–Dec) 19.0345

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.8170 GMD (High: 19.1941 / Low: 18.3771). On the other end, June was the most stable month, with a tight range of 0.0072 GMD (High: 18.4526 / Low: 18.4454).

October Spread (Volatile) ±0.8170

June Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0782 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.5513) against the same month in 2023 (average: 18.3395), the exchange rate shifted by +1.2118 (+6.61%).

2024 Avg (December) 19.5513

2023 Avg (December) 18.3395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3569	18.2967	18.3211
February	18.5067	18.3161	18.4053
March	18.5089	18.4868	18.4965
April	18.5024	18.4459	18.4872
May	18.4863	18.4454	18.4515
June	18.4526	18.4454	18.4492
July	18.9218	18.4454	18.4671
August	19.3305	18.7857	19.0142
September	19.3303	18.6496	18.9407
October	19.1941	18.3771	18.8625
November	19.4665	19.1941	19.3711
December	19.6025	19.3302	19.5513