YEARLY HIGH
11503.1092 IRR
YEARLY LOW
11442.9622 IRR
YEARLY AVERAGE
11459.8430 IRR

2024 AED to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 11503.1092. Conversely, the yearly low was recorded on February 29, dropping to 11442.9622.

This high-to-low spread represents a total annual volatility of 60.1471 IRR. From a start-to-finish perspective, comparing the January average rate of 11448.3961 to the December average rate of 11484.8654, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11503.1092 was down 0.24% compared to the 2023 peak of 11530.2100, 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 57,515,546 IRR
2023 Average 57,475,159 IRR
Yearly Trough Low 57,214,811 IRR
Transaction Impact: A difference of 300,735.43 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11488.7787
11441.8198
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 11453.7022, compared to 11465.9837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.2815 points.

H1 Avg (Jan–Jun) 11453.7022
H2 Avg (Jul–Dec) 11465.9837

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 56.6249 IRR (High: 11503.1092 / Low: 11446.4844). On the other end, August was the most stable month, with a tight range of 3.7153 IRR (High: 11463.6935 / Low: 11459.9782).

April Spread (Volatile) ±56.6249
August Spread (Stable) ±3.7153

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.6631 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.6631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 11456.0264) against the same month in 2023 (average: 11507.0416), the exchange rate shifted by -51.0151 (-0.44%).

2024 Avg (April) 11456.0264
2023 Avg (April) 11507.0416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11464.0057 11445.0041 11448.3961
February 11463.8340 11442.9622 11445.7330
March 11452.8588 11443.2581 11447.0880
April 11503.1092 11446.4844 11456.0264
May 11502.8587 11451.8105 11459.4038
June 11502.8587 11458.4921 11465.5658
July 11502.8587 11458.5795 11463.1141
August 11463.6935 11459.9782 11461.7105
September 11502.8838 11459.9782 11463.4551
October 11502.8587 11458.6169 11462.6162
November 11463.3814 11455.1794 11460.1410
December 11503.0153 11458.5982 11484.8654