YEARLY HIGH
0.0437 AED
YEARLY LOW
0.0411 AED
YEARLY AVERAGE
0.0418 AED

2023 KGS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0437. Conversely, the yearly low was recorded on December 8, dropping to 0.0411.

This high-to-low spread represents a total annual volatility of 0.0026 AED. From a start-to-finish perspective, comparing the January average rate of 0.0429 to the December average rate of 0.0412, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0437 was down 5.45% compared to the 2022 peak of 0.0462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 218 AED
2022 Average 219 AED
Yearly Trough Low 206 AED
Transaction Impact: A difference of 12.88 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0431
0.0410
JanuMarcMayJulySeptNove

KGS 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 0.0422, compared to 0.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0422
H2 Avg (Jul–Dec) 0.0414

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 AED (High: 0.0437 / Low: 0.0426). On the other end, March was the most stable month, with a tight range of 0.0000 AED (High: 0.0420 / Low: 0.0420).

January Spread (Volatile) ±0.0011
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0429) against the same month in 2022 (average: 0.0433), the exchange rate shifted by -0.0004 (-0.92%).

2023 Avg (January) 0.0429
2022 Avg (January) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0437 0.0426 0.0429
February 0.0426 0.0420 0.0422
March 0.0420 0.0420 0.0420
April 0.0420 0.0420 0.0420
May 0.0421 0.0419 0.0420
June 0.0421 0.0419 0.0420
July 0.0421 0.0418 0.0419
August 0.0419 0.0416 0.0417
September 0.0416 0.0414 0.0415
October 0.0414 0.0411 0.0412
November 0.0414 0.0411 0.0412
December 0.0413 0.0411 0.0412