2024 ANG to AED Historical Review

YEARLY HIGH

2.0565 AED

YEARLY LOW

2.0195 AED

YEARLY AVERAGE

2.0382 AED

2024 ANG to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.0565. Conversely, the yearly low was recorded on February 4, dropping to 2.0195.

This high-to-low spread represents a total annual volatility of 0.0371 AED. From a start-to-finish perspective, comparing the January average rate of 2.0383 to the December average rate of 2.0387, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0565 was down 0.50% compared to the 2023 peak of 2.0669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,283 AED

2023 Average 10,194 AED

Yearly Trough Low 10,097 AED

Transaction Impact: A difference of 185.25 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0401

2.0364

JanuMarcMayJulySeptNove

ANG 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 2.0383, compared to 2.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 2.0383

H2 Avg (Jul–Dec) 2.0382

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0242 AED (High: 2.0565 / Low: 2.0324). On the other end, July was the most stable month, with a tight range of 0.0077 AED (High: 2.0438 / Low: 2.0362).

August Spread (Volatile) ±0.0242

July Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.0398) against the same month in 2023 (average: 2.0381), the exchange rate shifted by +0.0017 (+0.08%).

2024 Avg (August) 2.0398

2023 Avg (August) 2.0381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0437	2.0322	2.0383
February	2.0423	2.0195	2.0372
March	2.0469	2.0324	2.0390
April	2.0433	2.0330	2.0386
May	2.0488	2.0342	2.0386
June	2.0429	2.0247	2.0380
July	2.0438	2.0362	2.0386
August	2.0565	2.0324	2.0398
September	2.0430	2.0346	2.0377
October	2.0395	2.0296	2.0367
November	2.0473	2.0266	2.0376
December	2.0463	2.0350	2.0387