YEARLY HIGH
0.0205 AED
YEARLY LOW
0.0184 AED
YEARLY AVERAGE
0.0192 AED

2024 LRD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0205. Conversely, the yearly low was recorded on September 20, dropping to 0.0184.

This high-to-low spread represents a total annual volatility of 0.0022 AED. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0203, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0205 was down 14.09% compared to the 2023 peak of 0.0239, 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 103 AED
2023 Average 106 AED
Yearly Trough Low 92 AED
Transaction Impact: A difference of 10.80 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0205
0.0186
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 0.0191, compared to 0.0193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0191
H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0014 AED (High: 0.0205 / Low: 0.0191). On the other end, May was the most stable month, with a tight range of 0.0001 AED (High: 0.0190 / Low: 0.0189).

November Spread (Volatile) ±0.0014
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0203) against the same month in 2023 (average: 0.0195), the exchange rate shifted by +0.0008 (+4.25%).

2024 Avg (December) 0.0203
2023 Avg (December) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0195 0.0193 0.0194
February 0.0193 0.0192 0.0193
March 0.0192 0.0191 0.0191
April 0.0195 0.0190 0.0191
May 0.0190 0.0189 0.0190
June 0.0190 0.0189 0.0189
July 0.0189 0.0188 0.0188
August 0.0189 0.0185 0.0188
September 0.0190 0.0184 0.0188
October 0.0191 0.0190 0.0191
November 0.0205 0.0191 0.0199
December 0.0205 0.0200 0.0203