2023 BND to AED Historical Review

YEARLY HIGH

2.8119 AED

YEARLY LOW

2.6704 AED

YEARLY AVERAGE

2.7361 AED

2023 BND to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.8119. Conversely, the yearly low was recorded on October 3, dropping to 2.6704.

This high-to-low spread represents a total annual volatility of 0.1415 AED. From a start-to-finish perspective, comparing the January average rate of 2.7682 to the December average rate of 2.7566, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8119 was up 2.71% compared to the 2022 peak of 2.7378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,060 AED

2022 Average 13,324 AED

Yearly Trough Low 13,352 AED

Transaction Impact: A difference of 707.75 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7766

2.6751

JanuMarcMayJulySeptNove

BND 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 2.7501, compared to 2.7221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 2.7501

H2 Avg (Jul–Dec) 2.7221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0894 AED (High: 2.8119 / Low: 2.7225). On the other end, October was the most stable month, with a tight range of 0.0295 AED (High: 2.6999 / Low: 2.6704).

February Spread (Volatile) ±0.0894

October Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0328 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.7579) against the same month in 2022 (average: 2.7281), the exchange rate shifted by +0.0298 (+1.09%).

2023 Avg (February) 2.7579

2022 Avg (February) 2.7281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7991	2.7223	2.7682
February	2.8119	2.7225	2.7579
March	2.7736	2.7122	2.7414
April	2.7830	2.7463	2.7609
May	2.7726	2.7113	2.7429
June	2.7504	2.7048	2.7294
July	2.7884	2.7048	2.7525
August	2.7540	2.7036	2.7198
September	2.7202	2.6767	2.6961
October	2.6999	2.6704	2.6836
November	2.7576	2.6800	2.7240
December	2.7835	2.7324	2.7566