YEARLY HIGH
68.1968 YER
YEARLY LOW
67.7443 YER
YEARLY AVERAGE
68.1416 YER

2024 AED to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 68.1968. Conversely, the yearly low was recorded on February 21, dropping to 67.7443.

This high-to-low spread represents a total annual volatility of 0.4524 YER. From a start-to-finish perspective, comparing the January average rate of 68.1597 to the December average rate of 68.0835, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 68.1968 was up 0.02% compared to the 2023 peak of 68.1843, 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 340,984 YER
2023 Average 340,774 YER
Yearly Trough Low 338,722 YER
Transaction Impact: A difference of 2,262.17 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

68.1860
68.0295
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 68.1574, compared to 68.1259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 68.1574
H2 Avg (Jul–Dec) 68.1259

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.4248 YER (High: 68.1691 / Low: 67.7443). On the other end, September was the most stable month, with a tight range of 0.0268 YER (High: 68.1669 / Low: 68.1401).

February Spread (Volatile) ±0.4248
September Spread (Stable) ±0.0268

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 October and November, when the average rate fell by 0.1156 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 68.1730) against the same month in 2023 (average: 68.1670), the exchange rate shifted by +0.0059 (+0.01%).

2024 Avg (April) 68.1730
2023 Avg (April) 68.1670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.1771 68.1306 68.1597
February 68.1691 67.7443 68.1451
March 68.1858 68.1478 68.1686
April 68.1968 68.1440 68.1730
May 68.1878 68.0234 68.1324
June 68.1809 68.1459 68.1653
July 68.1730 68.1459 68.1587
August 68.1732 68.0168 68.1576
September 68.1669 68.1401 68.1547
October 68.1732 68.1394 68.1581
November 68.1596 68.0030 68.0425
December 68.1732 68.0154 68.0835