YEARLY HIGH
68.1843 YER
YEARLY LOW
68.0153 YER
YEARLY AVERAGE
68.1549 YER

2023 AED to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 68.1843. Conversely, the yearly low was recorded on December 21, dropping to 68.0153.

This high-to-low spread represents a total annual volatility of 0.1690 YER. From a start-to-finish perspective, comparing the January average rate of 68.1538 to the December average rate of 68.1350, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 68.1843 was up 0.02% compared to the 2022 peak of 68.1713, 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 340,921 YER
2022 Average 340,672 YER
Yearly Trough Low 340,077 YER
Transaction Impact: A difference of 844.77 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

68.1713
68.1317
JanuMarcMayJulySeptNove

AED to YER 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 68.1591, compared to 68.1507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 68.1591
H2 Avg (Jul–Dec) 68.1507

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1606 YER (High: 68.1760 / Low: 68.0153). On the other end, June was the most stable month, with a tight range of 0.0173 YER (High: 68.1614 / Low: 68.1441).

December Spread (Volatile) ±0.1606
June Spread (Stable) ±0.0173

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0220 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 68.1670) against the same month in 2022 (average: 68.1334), the exchange rate shifted by +0.0336 (+0.05%).

2023 Avg (April) 68.1670
2022 Avg (April) 68.1334

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.1737 68.1311 68.1538
February 68.1741 68.0988 68.1568
March 68.1660 68.1332 68.1522
April 68.1843 68.1484 68.1670
May 68.1818 68.1435 68.1680
June 68.1614 68.1441 68.1569
July 68.1614 68.1182 68.1522
August 68.1595 68.1229 68.1476
September 68.1792 68.1205 68.1568
October 68.1732 68.1255 68.1556
November 68.1752 68.1458 68.1570
December 68.1760 68.0153 68.1350