YEARLY HIGH
0.0177 AED
YEARLY LOW
0.0172 AED
YEARLY AVERAGE
0.0176 AED

2024 GYD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0177. Conversely, the yearly low was recorded on March 13, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.0006 AED. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0176, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0177 was up 0.09% compared to the 2023 peak of 0.0177, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 AED
2023 Average 87 AED
Yearly Trough Low 86 AED
Transaction Impact: A difference of 2.76 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0176
0.0175
JanuMarcMayJulySeptNove

GYD 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 0.0176, compared to 0.0176 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) 0.0176
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 AED (High: 0.0176 / Low: 0.0172). On the other end, September was the most stable month, with a tight range of 0.0001 AED (High: 0.0176 / Low: 0.0175).

March Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0176) against the same month in 2023 (average: 0.0175), the exchange rate shifted by +0.0000 (+0.13%).

2024 Avg (August) 0.0176
2023 Avg (August) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0175 0.0176
February 0.0176 0.0174 0.0175
March 0.0176 0.0172 0.0175
April 0.0176 0.0175 0.0176
May 0.0176 0.0175 0.0176
June 0.0176 0.0174 0.0176
July 0.0176 0.0175 0.0176
August 0.0177 0.0175 0.0176
September 0.0176 0.0175 0.0176
October 0.0176 0.0175 0.0175
November 0.0176 0.0175 0.0176
December 0.0176 0.0175 0.0176