YEARLY HIGH
2.5412 AED
YEARLY LOW
2.2717 AED
YEARLY AVERAGE
2.4233 AED

2024 AUD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.5412. Conversely, the yearly low was recorded on December 31, dropping to 2.2717.

This high-to-low spread represents a total annual volatility of 0.2695 AED. From a start-to-finish perspective, comparing the January average rate of 2.4405 to the December average rate of 2.3232, the exchange rate registered a net change of -4.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5412 was down 3.26% compared to the 2023 peak of 2.6269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,706 AED
2023 Average 12,203 AED
Yearly Trough Low 11,359 AED
Transaction Impact: A difference of 1,347.25 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5039
2.3068
JanuMarcMayJulySeptNove

AUD 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 2.4184, compared to 2.4281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 2.4184
H2 Avg (Jul–Dec) 2.4281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1198 AED (High: 2.5287 / Low: 2.4089). On the other end, June was the most stable month, with a tight range of 0.0395 AED (High: 2.4570 / Low: 2.4175).

October Spread (Volatile) ±0.1198
June Spread (Stable) ±0.0395

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 0.0758 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.4875) against the same month in 2023 (average: 2.3589), the exchange rate shifted by +0.1286 (+5.45%).

2024 Avg (September) 2.4875
2023 Avg (September) 2.3589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5008 2.4066 2.4405
February 2.4148 2.3703 2.3973
March 2.4402 2.3888 2.4086
April 2.4341 2.3550 2.3896
May 2.4616 2.3984 2.4350
June 2.4570 2.4175 2.4396
July 2.4873 2.4018 2.4522
August 2.4965 2.3852 2.4442
September 2.5412 2.4437 2.4875
October 2.5287 2.4089 2.4628
November 2.4518 2.3709 2.3990
December 2.3882 2.2717 2.3232