YEARLY HIGH
54.4679 LRD
YEARLY LOW
48.7340 LRD
YEARLY AVERAGE
52.1111 LRD

2024 AED to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 54.4679. Conversely, the yearly low was recorded on December 5, dropping to 48.7340.

This high-to-low spread represents a total annual volatility of 5.7339 LRD. From a start-to-finish perspective, comparing the January average rate of 51.4953 to the December average rate of 49.1649, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 54.4679 was up 6.14% compared to the 2023 peak of 51.3171, 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 272,339 LRD
2023 Average 237,863 LRD
Yearly Trough Low 243,670 LRD
Transaction Impact: A difference of 28,669.34 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

53.6554
48.7566
JanuMarcMayJulySeptNove

AED to LRD 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 52.2952, compared to 51.9269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3683 points.

H1 Avg (Jan–Jun) 52.2952
H2 Avg (Jul–Dec) 51.9269

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.5259 LRD (High: 52.2821 / Low: 48.7562). On the other end, May was the most stable month, with a tight range of 0.1625 LRD (High: 52.8193 / Low: 52.6568).

November Spread (Volatile) ±3.5259
May Spread (Stable) ±0.1625

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.0860 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -2.0860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 53.2472) against the same month in 2023 (average: 50.7341), the exchange rate shifted by +2.5131 (+4.95%).

2024 Avg (September) 53.2472
2023 Avg (September) 50.7341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.7288 51.3164 51.4953
February 52.1644 51.7288 51.8581
March 52.4880 52.1659 52.3983
April 52.7240 51.1913 52.4823
May 52.8193 52.6568 52.6980
June 52.9520 52.6920 52.8391
July 53.2262 52.7906 53.0667
August 54.0949 52.9228 53.2424
September 54.4679 52.7402 53.2472
October 52.7607 52.2673 52.4632
November 52.2821 48.7562 50.3773
December 50.0990 48.7340 49.1649