2023 LRD to AED Historical Review

YEARLY HIGH

0.0239 AED

YEARLY LOW

0.0195 AED

YEARLY AVERAGE

0.0212 AED

2023 LRD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0239. Conversely, the yearly low was recorded on December 30, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0044 AED. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0195, the exchange rate registered a net change of -17.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0239 was down 5.62% compared to the 2022 peak of 0.0253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119 AED

2022 Average 120 AED

Yearly Trough Low 97 AED

Transaction Impact: A difference of 22.00 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0241

0.0191

JanuMarcMayJulySeptNove

LRD 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 0.0226, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0226

H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0013 AED (High: 0.0217 / Low: 0.0204). On the other end, November was the most stable month, with a tight range of 0.0001 AED (High: 0.0196 / Low: 0.0195).

June Spread (Volatile) ±0.0013

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0010 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0235) against the same month in 2022 (average: 0.0239), the exchange rate shifted by -0.0004 (-1.77%).

2023 Avg (February) 0.0235

2022 Avg (February) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0239	0.0234	0.0236
February	0.0239	0.0231	0.0235
March	0.0239	0.0226	0.0230
April	0.0226	0.0222	0.0225
May	0.0222	0.0217	0.0220
June	0.0217	0.0204	0.0210
July	0.0204	0.0197	0.0200
August	0.0197	0.0197	0.0197
September	0.0197	0.0197	0.0197
October	0.0197	0.0196	0.0197
November	0.0196	0.0195	0.0196
December	0.0196	0.0195	0.0195