2023 CRC to AED Historical Review

YEARLY HIGH

0.0071 AED

YEARLY LOW

0.0062 AED

YEARLY AVERAGE

0.0068 AED

2023 CRC to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0071. Conversely, the yearly low was recorded on January 2, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0009 AED. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0070, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0071 was up 11.86% compared to the 2022 peak of 0.0063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 AED

2022 Average 29 AED

Yearly Trough Low 31 AED

Transaction Impact: A difference of 4.31 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071

0.0063

JanuMarcMayJulySeptNove

CRC 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 0.0067, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 AED (High: 0.0067 / Low: 0.0062). On the other end, June was the most stable month, with a tight range of 0.0001 AED (High: 0.0068 / Low: 0.0068).

January Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0070) against the same month in 2022 (average: 0.0062), the exchange rate shifted by +0.0008 (+12.26%).

2023 Avg (December) 0.0070

2022 Avg (December) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0062	0.0064
February	0.0067	0.0063	0.0065
March	0.0069	0.0066	0.0067
April	0.0069	0.0068	0.0069
May	0.0069	0.0068	0.0068
June	0.0068	0.0068	0.0068
July	0.0069	0.0067	0.0068
August	0.0069	0.0067	0.0068
September	0.0069	0.0068	0.0069
October	0.0069	0.0068	0.0069
November	0.0070	0.0069	0.0069
December	0.0071	0.0069	0.0070