YEARLY HIGH
6067.5871 STD
YEARLY LOW
6066.2937 STD
YEARLY AVERAGE
6066.5181 STD

2024 AED to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 6067.5871. Conversely, the yearly low was recorded on November 25, dropping to 6066.2937.

This high-to-low spread represents a total annual volatility of 1.2935 STD. From a start-to-finish perspective, comparing the January average rate of 6066.5448 to the December average rate of 6066.3820, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6067.5871 was down 2.39% compared to the 2023 peak of 6216.0223, 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 30,337,936 STD
2023 Average 30,754,127 STD
Yearly Trough Low 30,331,468 STD
Transaction Impact: A difference of 6,467.27 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6067.1676
6066.2977
JanuMarcMayJulySeptNove

AED to STD 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 6066.6460, compared to 6066.3903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2558 points.

H1 Avg (Jan–Jun) 6066.6460
H2 Avg (Jul–Dec) 6066.3903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2109 STD (High: 6067.5871 / Low: 6066.3763). On the other end, July was the most stable month, with a tight range of 0.1156 STD (High: 6066.4258 / Low: 6066.3102).

March Spread (Volatile) ±1.2109
July Spread (Stable) ±0.1156

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6510 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 6066.9416) against the same month in 2023 (average: 6214.4781), the exchange rate shifted by -147.5365 (-2.37%).

2024 Avg (March) 6066.9416
2023 Avg (March) 6214.4781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6066.7281 6066.3763 6066.5448
February 6066.6240 6066.3763 6066.4516
March 6067.5871 6066.3763 6066.9416
April 6067.5326 6066.5084 6067.0951
May 6066.6405 6066.3713 6066.4441
June 6066.5084 6066.3102 6066.3988
July 6066.4258 6066.3102 6066.3742
August 6066.6240 6066.3763 6066.4215
September 6066.5133 6066.3763 6066.4032
October 6066.4258 6066.2937 6066.3702
November 6066.5414 6066.2937 6066.3904
December 6066.4588 6066.3019 6066.3820