YEARLY HIGH
0.0416 AED
YEARLY LOW
0.0379 AED
YEARLY AVERAGE
0.0395 AED

2024 ALL to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0416. Conversely, the yearly low was recorded on February 6, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0037 AED. From a start-to-finish perspective, comparing the January average rate of 0.0386 to the December average rate of 0.0391, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0416 was up 1.59% compared to the 2023 peak of 0.0410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ALL based on timing:

Yearly Peak High 208 AED
2023 Average 183 AED
Yearly Trough Low 189 AED
Transaction Impact: A difference of 18.63 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0413
0.0379
JanuMarcMayJulySeptNove

ALL to AED 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 0.0388, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0388
H2 Avg (Jul–Dec) 0.0401

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 AED (High: 0.0408 / Low: 0.0390). On the other end, February was the most stable month, with a tight range of 0.0005 AED (High: 0.0384 / Low: 0.0379).

November Spread (Volatile) ±0.0019
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0411) against the same month in 2023 (average: 0.0367), the exchange rate shifted by +0.0044 (+11.89%).

2024 Avg (September) 0.0411
2023 Avg (September) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0392 0.0383 0.0386
February 0.0384 0.0379 0.0382
March 0.0390 0.0383 0.0386
April 0.0392 0.0384 0.0388
May 0.0399 0.0391 0.0395
June 0.0399 0.0391 0.0394
July 0.0401 0.0393 0.0397
August 0.0411 0.0396 0.0405
September 0.0416 0.0406 0.0411
October 0.0413 0.0402 0.0406
November 0.0408 0.0390 0.0398
December 0.0395 0.0387 0.0391