2023 AWG to AED Historical Review

YEARLY HIGH

2.0774 AED

YEARLY LOW

2.0348 AED

YEARLY AVERAGE

2.0396 AED

2023 AWG to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 2.0774. Conversely, the yearly low was recorded on March 16, dropping to 2.0348.

This high-to-low spread represents a total annual volatility of 0.0426 AED. From a start-to-finish perspective, comparing the January average rate of 2.0392 to the December average rate of 2.0390, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0774 was up 1.38% compared to the 2022 peak of 2.0491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,387 AED

2022 Average 10,203 AED

Yearly Trough Low 10,174 AED

Transaction Impact: A difference of 212.94 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0446

2.0380

JanuMarcMayJulySeptNove

AWG 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 2.0391, compared to 2.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 2.0391

H2 Avg (Jul–Dec) 2.0400

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0400 AED (High: 2.0774 / Low: 2.0374). On the other end, August was the most stable month, with a tight range of 0.0029 AED (High: 2.0406 / Low: 2.0377).

November Spread (Volatile) ±0.0400

August Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.0440) against the same month in 2022 (average: 2.0390), the exchange rate shifted by +0.0050 (+0.25%).

2023 Avg (November) 2.0440

2022 Avg (November) 2.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0406	2.0374	2.0392
February	2.0406	2.0377	2.0395
March	2.0405	2.0348	2.0394
April	2.0404	2.0373	2.0387
May	2.0404	2.0371	2.0387
June	2.0406	2.0377	2.0390
July	2.0406	2.0377	2.0385
August	2.0406	2.0377	2.0392
September	2.0433	2.0377	2.0399
October	2.0406	2.0377	2.0395
November	2.0774	2.0374	2.0440
December	2.0404	2.0372	2.0390