2024 AWG to AED Historical Review

YEARLY HIGH

2.0491 AED

YEARLY LOW

2.0363 AED

YEARLY AVERAGE

2.0394 AED

2024 AWG to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.0491. Conversely, the yearly low was recorded on January 25, dropping to 2.0363.

This high-to-low spread represents a total annual volatility of 0.0128 AED. From a start-to-finish perspective, comparing the January average rate of 2.0390 to the December average rate of 2.0403, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0491 was down 1.36% compared to the 2023 peak of 2.0774, 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 10,245 AED

2023 Average 10,198 AED

Yearly Trough Low 10,181 AED

Transaction Impact: A difference of 64.21 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0405

2.0385

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 2.0397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 2.0391

H2 Avg (Jul–Dec) 2.0397

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0114 AED (High: 2.0491 / Low: 2.0377). On the other end, July was the most stable month, with a tight range of 0.0028 AED (High: 2.0406 / Low: 2.0377).

November Spread (Volatile) ±0.0114

July Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.0399) against the same month in 2023 (average: 2.0440), the exchange rate shifted by -0.0041 (-0.20%).

2024 Avg (November) 2.0399

2023 Avg (November) 2.0440

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0406	2.0363	2.0390
February	2.0406	2.0376	2.0394
March	2.0405	2.0373	2.0387
April	2.0405	2.0373	2.0394
May	2.0406	2.0376	2.0391
June	2.0406	2.0377	2.0392
July	2.0406	2.0377	2.0395
August	2.0406	2.0376	2.0397
September	2.0406	2.0377	2.0393
October	2.0406	2.0377	2.0397
November	2.0491	2.0377	2.0399
December	2.0406	2.0377	2.0403