2024 GMD to AED Historical Review

YEARLY HIGH

0.0547 AED

YEARLY LOW

0.0510 AED

YEARLY AVERAGE

0.0534 AED

2024 GMD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0547. Conversely, the yearly low was recorded on December 12, dropping to 0.0510.

This high-to-low spread represents a total annual volatility of 0.0036 AED. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0511, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0547 was down 11.76% compared to the 2023 peak of 0.0619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 273 AED

2023 Average 295 AED

Yearly Trough Low 255 AED

Transaction Impact: A difference of 18.20 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0549

0.0508

JanuMarcMayJulySeptNove

GMD 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 0.0542, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0542

H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0023 AED (High: 0.0544 / Low: 0.0521). On the other end, June was the most stable month, with a tight range of 0.0000 AED (High: 0.0542 / Low: 0.0542).

October Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0546) against the same month in 2023 (average: 0.0592), the exchange rate shifted by -0.0046 (-7.83%).

2024 Avg (January) 0.0546

2023 Avg (January) 0.0592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0547	0.0545	0.0546
February	0.0546	0.0540	0.0543
March	0.0541	0.0540	0.0541
April	0.0542	0.0540	0.0541
May	0.0542	0.0541	0.0542
June	0.0542	0.0542	0.0542
July	0.0542	0.0528	0.0542
August	0.0532	0.0517	0.0526
September	0.0536	0.0517	0.0528
October	0.0544	0.0521	0.0530
November	0.0521	0.0514	0.0516
December	0.0517	0.0510	0.0511