2023 AED to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AED to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AED to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 245.1114. Conversely, the yearly low was recorded on July 20, dropping to 245.0246.
This high-to-low spread represents a total annual volatility of 0.0868 KPW. From a start-to-finish perspective, comparing the January average rate of 245.0336 to the December average rate of 245.0625, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 245.1114 was up 0.02% compared to the 2022 peak of 245.0743, 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 KPW 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 245.0510, compared to 245.0375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 0.0787 KPW (High: 245.1114 / Low: 245.0326). On the other end, August was the most stable month, with a tight range of 0.0060 KPW (High: 245.0313 / Low: 245.0253).
Growth Streaks & Declines
TrendsBetween February and May, 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 May and June, when the average rate fell by 0.0515 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 245.0846) against the same month in 2022 (average: 245.0268), the exchange rate shifted by +0.0578 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 245.0557 | 245.0293 | 245.0336 |
| February | 245.0406 | 245.0246 | 245.0322 |
| March | 245.0710 | 245.0313 | 245.0505 |
| April | 245.0994 | 245.0447 | 245.0721 |
| May | 245.1114 | 245.0326 | 245.0846 |
| June | 245.0380 | 245.0246 | 245.0331 |
| July | 245.0380 | 245.0246 | 245.0310 |
| August | 245.0313 | 245.0253 | 245.0288 |
| September | 245.0393 | 245.0252 | 245.0306 |
| October | 245.0340 | 245.0253 | 245.0298 |
| November | 245.0713 | 245.0300 | 245.0423 |
| December | 245.0904 | 245.0447 | 245.0625 |