2024 AED to TOP Historical Review

YEARLY HIGH

0.6575 TOP

YEARLY LOW

0.6346 TOP

YEARLY AVERAGE

0.6450 TOP

2024 AED to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.6575. Conversely, the yearly low was recorded on January 1, dropping to 0.6346.

This high-to-low spread represents a total annual volatility of 0.0229 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6413 to the December average rate of 0.6519, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6575 was up 0.18% compared to the 2023 peak of 0.6563, 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 3,287 TOP

2023 Average 3,216 TOP

Yearly Trough Low 3,173 TOP

Transaction Impact: A difference of 114.49 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6533

0.6371

JanuMarcMayJulySeptNove

AED to TOP 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 0.6445, compared to 0.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.6445

H2 Avg (Jul–Dec) 0.6454

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0137 TOP (High: 0.6490 / Low: 0.6353). On the other end, December was the most stable month, with a tight range of 0.0000 TOP (High: 0.6519 / Low: 0.6519).

October Spread (Volatile) ±0.0137

December Spread (Stable) ±0.0000

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 August and September, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6492) against the same month in 2023 (average: 0.6408), the exchange rate shifted by +0.0084 (+1.31%).

2024 Avg (April) 0.6492

2023 Avg (April) 0.6408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6451	0.6346	0.6413
February	0.6520	0.6423	0.6447
March	0.6483	0.6414	0.6449
April	0.6575	0.6448	0.6492
May	0.6503	0.6417	0.6448
June	0.6437	0.6405	0.6423
July	0.6495	0.6410	0.6442
August	0.6487	0.6366	0.6437
September	0.6412	0.6353	0.6384
October	0.6490	0.6353	0.6432
November	0.6544	0.6479	0.6510
December	0.6519	0.6519	0.6519