YEARLY HIGH
0.0208 AED
YEARLY LOW
0.0204 AED
YEARLY AVERAGE
0.0207 AED

2024 DJF to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0208. Conversely, the yearly low was recorded on February 4, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0004 AED. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0207, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0208 was down 0.51% compared to the 2023 peak of 0.0209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104 AED
2023 Average 103 AED
Yearly Trough Low 102 AED
Transaction Impact: A difference of 1.87 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0207
0.0206
JanuMarcMayJulySeptNove

DJF 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 0.0207, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0207
H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 AED (High: 0.0208 / Low: 0.0206). On the other end, July was the most stable month, with a tight range of 0.0001 AED (High: 0.0207 / Low: 0.0206).

August Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0207) against the same month in 2023 (average: 0.0206), the exchange rate shifted by +0.0000 (+0.17%).

2024 Avg (August) 0.0207
2023 Avg (August) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0207 0.0206 0.0206
February 0.0207 0.0204 0.0206
March 0.0207 0.0206 0.0207
April 0.0207 0.0206 0.0207
May 0.0208 0.0206 0.0207
June 0.0208 0.0205 0.0207
July 0.0207 0.0206 0.0207
August 0.0208 0.0206 0.0207
September 0.0207 0.0205 0.0206
October 0.0208 0.0205 0.0207
November 0.0207 0.0205 0.0207
December 0.0207 0.0206 0.0207