YEARLY HIGH
0.5392 AED
YEARLY LOW
0.5292 AED
YEARLY AVERAGE
0.5321 AED

2020 BOB to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.5392. Conversely, the yearly low was recorded on January 1, dropping to 0.5292.

This high-to-low spread represents a total annual volatility of 0.0100 AED. From a start-to-finish perspective, comparing the January average rate of 0.5312 to the December average rate of 0.5328, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5392 was down 0.15% compared to the 2019 peak of 0.5401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,696 AED
2019 Average 2,657 AED
Yearly Trough Low 2,646 AED
Transaction Impact: A difference of 50.00 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5335
0.5310
JanuMarcMayJulySeptNove

BOB 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 0.5321, compared to 0.5322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5321
H2 Avg (Jul–Dec) 0.5322

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0086 AED (High: 0.5392 / Low: 0.5307). On the other end, February was the most stable month, with a tight range of 0.0010 AED (High: 0.5319 / Low: 0.5309).

March Spread (Volatile) ±0.0086
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5333) against the same month in 2019 (average: 0.5318), the exchange rate shifted by +0.0015 (+0.29%).

2020 Avg (March) 0.5333
2019 Avg (March) 0.5318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5324 0.5292 0.5312
February 0.5319 0.5309 0.5312
March 0.5392 0.5307 0.5333
April 0.5373 0.5304 0.5327
May 0.5362 0.5313 0.5325
June 0.5322 0.5308 0.5317
July 0.5333 0.5306 0.5318
August 0.5335 0.5304 0.5320
September 0.5329 0.5314 0.5319
October 0.5327 0.5310 0.5319
November 0.5334 0.5307 0.5325
December 0.5349 0.5301 0.5328