2023 AED to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AED to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AED to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 128.1922. Conversely, the yearly low was recorded on July 17, dropping to 119.1218.
This high-to-low spread represents a total annual volatility of 9.0704 KMF. From a start-to-finish perspective, comparing the January average rate of 124.4359 to the December average rate of 122.8426, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 128.1922 was down 8.26% compared to the 2022 peak of 139.7283, 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 2023.
AED to KMF 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 124.1048, compared to 123.9539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1510 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 5.2629 KMF (High: 127.2131 / Low: 121.9502). On the other end, October was the most stable month, with a tight range of 1.9620 KMF (High: 128.1922 / Low: 126.2303).
Growth Streaks & Declines
TrendsBetween July and October, 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 March and April, when the average rate fell by 3.1823 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 126.9372) against the same month in 2022 (average: 136.1997), the exchange rate shifted by -9.2625 (-6.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 127.4299 | 122.8488 | 124.4359 |
| February | 127.1207 | 122.8576 | 125.2775 |
| March | 127.3144 | 123.0158 | 125.4211 |
| April | 123.6765 | 121.3150 | 122.2387 |
| May | 125.6064 | 121.3545 | 123.4240 |
| June | 125.6089 | 122.3579 | 123.8318 |
| July | 123.4538 | 119.1218 | 121.3041 |
| August | 124.0162 | 121.9556 | 122.9081 |
| September | 127.7831 | 123.8749 | 125.4888 |
| October | 128.1922 | 126.2303 | 126.9372 |
| November | 127.2131 | 121.9502 | 124.2425 |
| December | 124.6800 | 120.7698 | 122.8426 |