YEARLY HIGH
58.2553 GYD
YEARLY LOW
56.4432 GYD
YEARLY AVERAGE
56.9639 GYD

2024 AED to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 58.2553. Conversely, the yearly low was recorded on August 4, dropping to 56.4432.

This high-to-low spread represents a total annual volatility of 1.8121 GYD. From a start-to-finish perspective, comparing the January average rate of 56.9782 to the December average rate of 56.9338, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 58.2553 was up 0.47% compared to the 2023 peak of 57.9812, 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 291,277 GYD
2023 Average 286,072 GYD
Yearly Trough Low 282,216 GYD
Transaction Impact: A difference of 9,060.58 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57.0101
56.9031
JanuMarcMayJulySeptNove

AED to GYD 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 56.9764, compared to 56.9515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 56.9764
H2 Avg (Jul–Dec) 56.9515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.5443 GYD (High: 58.2553 / Low: 56.7110). On the other end, September was the most stable month, with a tight range of 0.2364 GYD (High: 57.0562 / Low: 56.8199).

March Spread (Volatile) ±1.5443
September Spread (Stable) ±0.2364

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 November and December, when the average rate fell by 0.0307 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 57.0012) against the same month in 2023 (average: 57.3668), the exchange rate shifted by -0.3656 (-0.64%).

2024 Avg (March) 57.0012
2023 Avg (March) 57.3668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.1683 56.8029 56.9782
February 57.4824 56.8403 56.9846
March 58.2553 56.7110 57.0012
April 57.1014 56.8180 56.9777
May 57.0926 56.6631 56.9555
June 57.3360 56.8068 56.9611
July 57.0116 56.7726 56.9418
August 57.1171 56.4432 56.9120
September 57.0562 56.8199 56.9676
October 57.1932 56.8853 56.9889
November 57.2800 56.7009 56.9645
December 57.0259 56.7319 56.9338