2024 CRC to AED Historical Review

YEARLY HIGH

0.0074 AED

YEARLY LOW

0.0069 AED

YEARLY AVERAGE

0.0071 AED

2024 CRC to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0074. Conversely, the yearly low was recorded on July 9, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0005 AED. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0073, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0074 was up 4.31% compared to the 2023 peak of 0.0071, 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 37 AED

2023 Average 34 AED

Yearly Trough Low 34 AED

Transaction Impact: A difference of 2.54 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0073

0.0069

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 0.0071, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0071

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0002 AED (High: 0.0070 / Low: 0.0069). On the other end, November was the most stable month, with a tight range of 0.0001 AED (High: 0.0072 / Low: 0.0071).

July Spread (Volatile) ±0.0002

November 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 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0073) against the same month in 2023 (average: 0.0069), the exchange rate shifted by +0.0004 (+6.26%).

2024 Avg (April) 0.0073

2023 Avg (April) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0072	0.0070	0.0071
February	0.0072	0.0071	0.0071
March	0.0073	0.0071	0.0072
April	0.0074	0.0072	0.0073
May	0.0072	0.0071	0.0072
June	0.0071	0.0069	0.0070
July	0.0070	0.0069	0.0070
August	0.0071	0.0069	0.0070
September	0.0071	0.0070	0.0071
October	0.0072	0.0071	0.0071
November	0.0072	0.0071	0.0072
December	0.0073	0.0072	0.0073