YEARLY HIGH
24.3233 KGS
YEARLY LOW
22.8895 KGS
YEARLY AVERAGE
23.9171 KGS

2023 AED to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 24.3233. Conversely, the yearly low was recorded on January 5, dropping to 22.8895.

This high-to-low spread represents a total annual volatility of 1.4338 KGS. From a start-to-finish perspective, comparing the January average rate of 23.3011 to the December average rate of 24.2701, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 24.3233 was down 13.17% compared to the 2022 peak of 28.0122, 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 121,616 KGS
2022 Average 114,709 KGS
Yearly Trough Low 114,448 KGS
Transaction Impact: A difference of 7,168.85 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24.3734
23.2036
JanuMarcMayJulySeptNove

AED to KGS 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 23.7054, compared to 24.1289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4235 points.

H1 Avg (Jan–Jun) 23.7054
H2 Avg (Jul–Dec) 24.1289

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5656 KGS (High: 23.4551 / Low: 22.8895). On the other end, March was the most stable month, with a tight range of 0.0049 KGS (High: 23.8046 / Low: 23.7996).

January Spread (Volatile) ±0.5656
March Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0090 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 24.2701) against the same month in 2022 (average: 23.1840), the exchange rate shifted by +1.0862 (+4.68%).

2023 Avg (December) 24.2701
2022 Avg (December) 23.1840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4551 22.8895 23.3011
February 23.8016 23.4553 23.6775
March 23.8046 23.7996 23.8025
April 23.8346 23.8027 23.8209
May 23.8522 23.7739 23.8197
June 23.8476 23.7411 23.8108
July 23.9239 23.7411 23.8815
August 24.0321 23.8922 23.9796
September 24.1527 24.0274 24.1064
October 24.3182 24.1517 24.2598
November 24.3185 24.1313 24.2759
December 24.3233 24.1963 24.2701