YEARLY HIGH
11530.2100 IRR
YEARLY LOW
11335.0867 IRR
YEARLY AVERAGE
11495.1472 IRR

2023 AED to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 11530.2100. Conversely, the yearly low was recorded on January 22, dropping to 11335.0867.

This high-to-low spread represents a total annual volatility of 195.1233 IRR. From a start-to-finish perspective, comparing the January average rate of 11417.3163 to the December average rate of 11498.9424, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11530.2100 was down 0.24% compared to the 2022 peak of 11557.3730, 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 57,651,050 IRR
2022 Average 57,538,180 IRR
Yearly Trough Low 56,675,433 IRR
Transaction Impact: A difference of 975,616.54 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11520.6401
11407.9232
JanuMarcMayJulySeptNove

AED to IRR 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 11486.6029, compared to 11503.6914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.0885 points.

H1 Avg (Jan–Jun) 11486.6029
H2 Avg (Jul–Dec) 11503.6914

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 195.0616 IRR (High: 11530.2100 / Low: 11335.1484). On the other end, October was the most stable month, with a tight range of 7.1258 IRR (High: 11506.3465 / Low: 11499.2207).

February Spread (Volatile) ±195.0616
October Spread (Stable) ±7.1258

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 14.2621 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -14.2621

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11494.3709) against the same month in 2022 (average: 11504.8856), the exchange rate shifted by -10.5147 (-0.09%).

2023 Avg (February) 11494.3709
2022 Avg (February) 11504.8856

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11490.6322 11335.0867 11417.3163
February 11530.2100 11335.1484 11494.3709
March 11511.5299 11336.7071 11480.1088
April 11512.2823 11503.4851 11507.0416
May 11523.9055 11504.7380 11511.2470
June 11523.4819 11502.5455 11509.5330
July 11529.9683 11437.0852 11501.2408
August 11522.9956 11502.6082 11510.7543
September 11509.4771 11499.3303 11503.4602
October 11506.3465 11499.2207 11502.7868
November 11510.8403 11496.0836 11504.9640
December 11512.1725 11440.1819 11498.9424