2023 AED to HNL Historical Review

YEARLY HIGH

6.7928 HNL

YEARLY LOW

6.6212 HNL

YEARLY AVERAGE

6.7148 HNL

2023 AED to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 6.7928. Conversely, the yearly low was recorded on March 18, dropping to 6.6212.

This high-to-low spread represents a total annual volatility of 0.1716 HNL. From a start-to-finish perspective, comparing the January average rate of 6.7155 to the December average rate of 6.7291, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.7928 was down 4.03% compared to the 2022 peak of 7.0779, 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 33,964 HNL

2022 Average 33,496 HNL

Yearly Trough Low 33,106 HNL

Transaction Impact: A difference of 858.19 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.7494

6.6896

JanuMarcMayJulySeptNove

AED to HNL 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 6.7089, compared to 6.7206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 6.7089

H2 Avg (Jul–Dec) 6.7206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.1289 HNL (High: 6.7744 / Low: 6.6456). On the other end, January was the most stable month, with a tight range of 0.0300 HNL (High: 6.7247 / Low: 6.6947).

August Spread (Volatile) ±0.1289

January Spread (Stable) ±0.0300

Growth Streaks & Declines

Trends

Between April and June, 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 0.0194 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 6.7444) against the same month in 2022 (average: 6.7086), the exchange rate shifted by +0.0358 (+0.53%).

2023 Avg (September) 6.7444

2022 Avg (September) 6.7086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7247	6.6947	6.7155
February	6.7744	6.6512	6.7117
March	6.7220	6.6212	6.7066
April	6.7144	6.6263	6.6945
May	6.7210	6.6715	6.7065
June	6.7385	6.6616	6.7189
July	6.7384	6.6512	6.7048
August	6.7744	6.6456	6.7026
September	6.7928	6.6976	6.7444
October	6.7628	6.6846	6.7250
November	6.7435	6.6685	6.7178
December	6.7508	6.7137	6.7291