YEARLY HIGH
10.4172 UAH
YEARLY LOW
9.7642 UAH
YEARLY AVERAGE
10.0186 UAH

2023 AED to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 10.4172. Conversely, the yearly low was recorded on November 5, dropping to 9.7642.

This high-to-low spread represents a total annual volatility of 0.6530 UAH. From a start-to-finish perspective, comparing the January average rate of 10.0081 to the December average rate of 10.1284, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.4172 was up 2.95% compared to the 2022 peak of 10.1184, 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 52,086 UAH
2022 Average 44,433 UAH
Yearly Trough Low 48,821 UAH
Transaction Impact: A difference of 3,265.07 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.1577
9.8064
JanuMarcMayJulySeptNove

AED to UAH 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 10.0314, compared to 10.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 10.0314
H2 Avg (Jul–Dec) 10.0058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.4843 UAH (High: 10.4172 / Low: 9.9329). On the other end, September was the most stable month, with a tight range of 0.0683 UAH (High: 10.0764 / Low: 10.0080).

December Spread (Volatile) ±0.4843
September Spread (Stable) ±0.0683

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.1133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.1284) against the same month in 2022 (average: 10.0359), the exchange rate shifted by +0.0925 (+0.92%).

2023 Avg (December) 10.1284
2022 Avg (December) 10.0359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0615 9.9703 10.0081
February 10.1491 9.9477 10.0208
March 10.0650 9.9147 10.0319
April 10.0648 9.9220 10.0254
May 10.0762 9.9929 10.0479
June 10.0939 9.9928 10.0545
July 10.0723 9.9599 10.0307
August 10.0928 9.9911 10.0508
September 10.0764 10.0080 10.0513
October 10.0764 9.8668 9.9380
November 9.9054 9.7642 9.8357
December 10.4172 9.9329 10.1284