2024 AED to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AED to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AED to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 44.6480. Conversely, the yearly low was recorded on July 14, dropping to 34.6122.
This high-to-low spread represents a total annual volatility of 10.0358 KES. From a start-to-finish perspective, comparing the January average rate of 43.5020 to the December average rate of 35.2078, the exchange rate registered a net change of -19.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 44.6480 was up 4.25% compared to the 2023 peak of 42.8281, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AED to KES Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 38.2236, compared to 35.1557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0679 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 5.8031 KES (High: 44.6480 / Low: 38.8449). On the other end, October was the most stable month, with a tight range of 0.1036 KES (High: 35.1949 / Low: 35.0913).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 4.0838 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 41.5314) against the same month in 2023 (average: 34.2068), the exchange rate shifted by +7.3246 (+21.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.5154 | 42.4202 | 43.5020 |
| February | 44.6480 | 38.8449 | 41.5314 |
| March | 40.0218 | 35.9164 | 37.4476 |
| April | 36.6231 | 34.6255 | 35.7546 |
| May | 36.7557 | 34.8833 | 35.8145 |
| June | 35.7640 | 34.9850 | 35.2916 |
| July | 35.8874 | 34.6122 | 35.1335 |
| August | 35.3934 | 34.9884 | 35.1653 |
| September | 35.1710 | 34.9860 | 35.1070 |
| October | 35.1949 | 35.0913 | 35.1300 |
| November | 35.3438 | 35.0783 | 35.1907 |
| December | 35.2836 | 35.0084 | 35.2078 |