YEARLY HIGH
245.1114 KPW
YEARLY LOW
245.0246 KPW
YEARLY AVERAGE
245.0442 KPW

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,225,557 KPW
2022 Average 1,225,149 KPW
Yearly Trough Low 1,225,123 KPW
Transaction Impact: A difference of 433.75 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

245.0902
245.0232
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 245.0510
H2 Avg (Jul–Dec) 245.0375

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±0.0787
August Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0515

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (May) 245.0846
2022 Avg (May) 245.0268

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