2024 AOA to AED Historical Review

YEARLY HIGH

0.0044 AED

YEARLY LOW

0.0038 AED

YEARLY AVERAGE

0.0042 AED

2024 AOA to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0044. Conversely, the yearly low was recorded on October 2, dropping to 0.0038.

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 0.0044 to the December average rate of 0.0040, the exchange rate registered a net change of -9.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0044 was down 39.25% compared to the 2023 peak of 0.0073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 AED

2023 Average 28 AED

Yearly Trough Low 19 AED

Transaction Impact: A difference of 2.93 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0045

0.0039

JanuMarcMayJulySeptNove

AOA 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 0.0044, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0044

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 AED (High: 0.0040 / Low: 0.0038). On the other end, November was the most stable month, with a tight range of 0.0000 AED (High: 0.0040 / Low: 0.0040).

October Spread (Volatile) ±0.0002

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0044) against the same month in 2023 (average: 0.0073), the exchange rate shifted by -0.0029 (-39.23%).

2024 Avg (February) 0.0044

2023 Avg (February) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0044	0.0044	0.0044
February	0.0044	0.0044	0.0044
March	0.0044	0.0044	0.0044
April	0.0044	0.0044	0.0044
May	0.0044	0.0043	0.0044
June	0.0043	0.0043	0.0043
July	0.0043	0.0042	0.0042
August	0.0042	0.0040	0.0041
September	0.0040	0.0039	0.0040
October	0.0040	0.0038	0.0040
November	0.0040	0.0040	0.0040
December	0.0040	0.0040	0.0040