2023 AED to NZD Historical Review

YEARLY HIGH

0.4700 NZD

YEARLY LOW

0.4179 NZD

YEARLY AVERAGE

0.4436 NZD

2023 AED to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.4700. Conversely, the yearly low was recorded on February 1, dropping to 0.4179.

This high-to-low spread represents a total annual volatility of 0.0522 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4251 to the December average rate of 0.4372, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4700 was down 3.97% compared to the 2022 peak of 0.4895, 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 2,350 NZD

2022 Average 2,148 NZD

Yearly Trough Low 2,089 NZD

Transaction Impact: A difference of 260.82 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4656

0.4214

JanuMarcMayJulySeptNove

AED to NZD 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 0.4364, compared to 0.4508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.4364

H2 Avg (Jul–Dec) 0.4508

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0248 NZD (High: 0.4427 / Low: 0.4179). On the other end, September was the most stable month, with a tight range of 0.0096 NZD (High: 0.4638 / Low: 0.4541).

February Spread (Volatile) ±0.0248

September Spread (Stable) ±0.0096

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 November and December, when the average rate fell by 0.0168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4619) against the same month in 2022 (average: 0.4787), the exchange rate shifted by -0.0168 (-3.51%).

2023 Avg (October) 0.4619

2022 Avg (October) 0.4787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4373	0.4192	0.4251
February	0.4427	0.4179	0.4336
March	0.4463	0.4341	0.4387
April	0.4449	0.4310	0.4385
May	0.4520	0.4275	0.4388
June	0.4506	0.4367	0.4438
July	0.4441	0.4260	0.4375
August	0.4613	0.4434	0.4547
September	0.4638	0.4541	0.4593
October	0.4700	0.4507	0.4619
November	0.4631	0.4423	0.4540
December	0.4448	0.4289	0.4372