YEARLY HIGH
0.0029 AED
YEARLY LOW
0.0025 AED
YEARLY AVERAGE
0.0027 AED

2024 KRW to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 31, dropping to 0.0025.

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 0.0028 to the December average rate of 0.0025, the exchange rate registered a net change of -8.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 4.56% compared to the 2023 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,340 AED
2023 Average 14,067 AED
Yearly Trough Low 12,423 AED
Transaction Impact: A difference of 1,916.94 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0028
0.0025
JanuMarcMayJulySeptNove

KRW 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 0.0027, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0001 AED (High: 0.0026 / Low: 0.0025). On the other end, February was the most stable month, with a tight range of 0.0000 AED (High: 0.0028 / Low: 0.0027).

December Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0028) against the same month in 2023 (average: 0.0030), the exchange rate shifted by -0.0002 (-6.20%).

2024 Avg (January) 0.0028
2023 Avg (January) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0027 0.0028
February 0.0028 0.0027 0.0028
March 0.0028 0.0027 0.0028
April 0.0027 0.0026 0.0027
May 0.0027 0.0027 0.0027
June 0.0027 0.0026 0.0027
July 0.0027 0.0026 0.0027
August 0.0028 0.0027 0.0027
September 0.0028 0.0027 0.0028
October 0.0028 0.0026 0.0027
November 0.0027 0.0026 0.0026
December 0.0026 0.0025 0.0025