YEARLY HIGH
2.8922 AED
YEARLY LOW
2.5331 AED
YEARLY AVERAGE
2.7408 AED

2020 CAD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2.8922. Conversely, the yearly low was recorded on March 19, dropping to 2.5331.

This high-to-low spread represents a total annual volatility of 0.3591 AED. From a start-to-finish perspective, comparing the January average rate of 2.8086 to the December average rate of 2.8677, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8922 was up 2.40% compared to the 2019 peak of 2.8246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,461 AED
2019 Average 13,843 AED
Yearly Trough Low 12,666 AED
Transaction Impact: A difference of 1,795.55 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8931
2.5880
JanuMarcMayJulySeptNove

CAD 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 2.6932, compared to 2.7883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0950 points.

H1 Avg (Jan–Jun) 2.6932
H2 Avg (Jul–Dec) 2.7883

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2233 AED (High: 2.7565 / Low: 2.5331). On the other end, February was the most stable month, with a tight range of 0.0359 AED (High: 2.7781 / Low: 2.7422).

March Spread (Volatile) ±0.2233
February Spread (Stable) ±0.0359

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1280 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.8677) against the same month in 2019 (average: 2.7893), the exchange rate shifted by +0.0785 (+2.81%).

2020 Avg (December) 2.8677
2019 Avg (December) 2.7893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8335 2.7747 2.8086
February 2.7781 2.7422 2.7653
March 2.7565 2.5331 2.6373
April 2.6473 2.5769 2.6134
May 2.6702 2.5751 2.6253
June 2.7471 2.6837 2.7095
July 2.7534 2.6986 2.7189
August 2.8171 2.7387 2.7744
September 2.8153 2.7436 2.7792
October 2.8013 2.7572 2.7809
November 2.8289 2.7474 2.8086
December 2.8922 2.8398 2.8677