YEARLY HIGH
402.4869 KRW
YEARLY LOW
348.6822 KRW
YEARLY AVERAGE
371.3078 KRW

2024 AED to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 402.4869. Conversely, the yearly low was recorded on January 1, dropping to 348.6822.

This high-to-low spread represents a total annual volatility of 53.8047 KRW. From a start-to-finish perspective, comparing the January average rate of 360.6714 to the December average rate of 392.2586, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 402.4869 was up 8.70% compared to the 2023 peak of 370.2872, 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 2,012,434 KRW
2023 Average 1,778,266 KRW
Yearly Trough Low 1,743,411 KRW
Transaction Impact: A difference of 269,023.42 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

395.4173
357.5127
JanuMarcMayJulySeptNove

AED to KRW 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 367.7922, compared to 374.8233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.0311 points.

H1 Avg (Jan–Jun) 367.7922
H2 Avg (Jul–Dec) 374.8233

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 22.5296 KRW (High: 402.4869 / Low: 379.9573). On the other end, February was the most stable month, with a tight range of 4.6024 KRW (High: 365.1787 / Low: 360.5763).

December Spread (Volatile) ±22.5296
February Spread (Stable) ±4.6024

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 8.7717 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.7717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 392.2586) against the same month in 2023 (average: 354.3677), the exchange rate shifted by +37.8909 (+10.69%).

2024 Avg (December) 392.2586
2023 Avg (December) 354.3677

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 366.2446 348.6822 360.6714
February 365.1787 360.5763 362.7876
March 367.7593 357.0530 362.8174
April 378.9734 366.3501 373.0231
May 376.5559 366.8236 371.3249
June 379.5561 371.7715 376.1288
July 378.3850 372.7044 376.3571
August 374.7287 360.7157 367.5854
September 366.0068 356.7370 362.1296
October 378.2305 360.7718 370.8081
November 383.4236 374.0825 379.8010
December 402.4869 379.9573 392.2586