YEARLY HIGH
0.0096 AED
YEARLY LOW
0.0090 AED
YEARLY AVERAGE
0.0094 AED

2024 AMD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AMD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0096. Conversely, the yearly low was recorded on February 4, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0006 AED. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0093, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0096 was down 0.43% compared to the 2023 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 AED
2023 Average 47 AED
Yearly Trough Low 45 AED
Transaction Impact: A difference of 2.96 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0095
0.0090
JanuMarcMayJulySeptNove

AMD 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 0.0093, compared to 0.0094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0093
H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0002 AED (High: 0.0094 / Low: 0.0091). On the other end, July was the most stable month, with a tight range of 0.0000 AED (High: 0.0095 / Low: 0.0095).

December Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0095) against the same month in 2023 (average: 0.0095), the exchange rate shifted by -0.0000 (-0.27%).

2024 Avg (August) 0.0095
2023 Avg (August) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0091 0.0090 0.0091
February 0.0091 0.0090 0.0090
March 0.0093 0.0091 0.0092
April 0.0095 0.0093 0.0094
May 0.0095 0.0095 0.0095
June 0.0095 0.0094 0.0095
July 0.0095 0.0095 0.0095
August 0.0096 0.0094 0.0095
September 0.0095 0.0095 0.0095
October 0.0095 0.0095 0.0095
November 0.0095 0.0093 0.0094
December 0.0094 0.0091 0.0093