YEARLY HIGH
128.1922 KMF
YEARLY LOW
119.1218 KMF
YEARLY AVERAGE
124.0294 KMF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 640,961 KMF
2022 Average 636,310 KMF
Yearly Trough Low 595,609 KMF
Transaction Impact: A difference of 45,352.00 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

127.5005
120.7408
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 124.1048
H2 Avg (Jul–Dec) 123.9539

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±5.2629
October Spread (Stable) ±1.9620

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1823

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (October) 126.9372
2022 Avg (October) 136.1997

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