2024 AED to HKD Historical Review

YEARLY HIGH

2.1343 HKD

YEARLY LOW

2.1133 HKD

YEARLY AVERAGE

2.1245 HKD

2024 AED to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 2.1343. Conversely, the yearly low was recorded on December 27, dropping to 2.1133.

This high-to-low spread represents a total annual volatility of 0.0209 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1282 to the December average rate of 2.1164, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1343 was down 0.16% compared to the 2023 peak of 2.1378, 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 10,671 HKD

2023 Average 10,658 HKD

Yearly Trough Low 10,567 HKD

Transaction Impact: A difference of 104.59 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1340

2.1136

JanuMarcMayJulySeptNove

AED to HKD 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 2.1289, compared to 2.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 2.1289

H2 Avg (Jul–Dec) 2.1200

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0081 HKD (High: 2.1242 / Low: 2.1161). On the other end, July was the most stable month, with a tight range of 0.0022 HKD (High: 2.1276 / Low: 2.1254).

September Spread (Volatile) ±0.0081

July Spread (Stable) ±0.0022

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 September and October, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.1323) against the same month in 2023 (average: 2.1374), the exchange rate shifted by -0.0051 (-0.24%).

2024 Avg (April) 2.1323

2023 Avg (April) 2.1374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1308	2.1255	2.1282
February	2.1314	2.1285	2.1295
March	2.1315	2.1292	2.1302
April	2.1343	2.1301	2.1323
May	2.1300	2.1233	2.1267
June	2.1291	2.1249	2.1264
July	2.1276	2.1254	2.1263
August	2.1275	2.1203	2.1228
September	2.1242	2.1161	2.1212
October	2.1167	2.1135	2.1153
November	2.1200	2.1157	2.1182
December	2.1193	2.1133	2.1164