2024 HNL to AED Historical Review

YEARLY HIGH

0.1495 AED

YEARLY LOW

0.1444 AED

YEARLY AVERAGE

0.1478 AED

2024 HNL to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1495. Conversely, the yearly low was recorded on December 28, dropping to 0.1444.

This high-to-low spread represents a total annual volatility of 0.0051 AED. From a start-to-finish perspective, comparing the January average rate of 0.1488 to the December average rate of 0.1449, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1495 was down 1.02% compared to the 2023 peak of 0.1510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 747 AED

2023 Average 745 AED

Yearly Trough Low 722 AED

Transaction Impact: A difference of 25.47 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1492

0.1445

JanuMarcMayJulySeptNove

HNL 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 0.1485, compared to 0.1470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1485

H2 Avg (Jul–Dec) 0.1470

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0025 AED (High: 0.1479 / Low: 0.1454). On the other end, July was the most stable month, with a tight range of 0.0009 AED (High: 0.1487 / Low: 0.1479).

October Spread (Volatile) ±0.0025

July Spread (Stable) ±0.0009

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 September and October, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1488) against the same month in 2023 (average: 0.1489), the exchange rate shifted by -0.0001 (-0.09%).

2024 Avg (January) 0.1488

2023 Avg (January) 0.1489

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1495	0.1484	0.1488
February	0.1490	0.1475	0.1486
March	0.1494	0.1479	0.1486
April	0.1492	0.1481	0.1487
May	0.1491	0.1480	0.1485
June	0.1490	0.1465	0.1482
July	0.1487	0.1479	0.1483
August	0.1494	0.1473	0.1482
September	0.1484	0.1473	0.1479
October	0.1479	0.1454	0.1468
November	0.1466	0.1448	0.1458
December	0.1455	0.1444	0.1449