2024 MDL to AED Historical Review

YEARLY HIGH

0.2129 AED

YEARLY LOW

0.1990 AED

YEARLY AVERAGE

0.2072 AED

2024 MDL to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.2129. Conversely, the yearly low was recorded on December 28, dropping to 0.1990.

This high-to-low spread represents a total annual volatility of 0.0139 AED. From a start-to-finish perspective, comparing the January average rate of 0.2084 to the December average rate of 0.2005, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2129 was up 0.27% compared to the 2023 peak of 0.2123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,065 AED

2023 Average 1,015 AED

Yearly Trough Low 995 AED

Transaction Impact: A difference of 69.74 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2124

0.1994

JanuMarcMayJulySeptNove

MDL 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 0.2076, compared to 0.2068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2076

H2 Avg (Jul–Dec) 0.2068

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0073 AED (High: 0.2115 / Low: 0.2042). On the other end, February was the most stable month, with a tight range of 0.0021 AED (High: 0.2073 / Low: 0.2052).

October Spread (Volatile) ±0.0073

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2101) against the same month in 2023 (average: 0.2078), the exchange rate shifted by +0.0023 (+1.11%).

2024 Avg (August) 0.2101

2023 Avg (August) 0.2078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2123	0.2069	0.2084
February	0.2073	0.2052	0.2063
March	0.2094	0.2068	0.2081
April	0.2089	0.2051	0.2072
May	0.2089	0.2068	0.2080
June	0.2095	0.2054	0.2073
July	0.2091	0.2061	0.2075
August	0.2129	0.2072	0.2101
September	0.2126	0.2100	0.2114
October	0.2115	0.2042	0.2077
November	0.2067	0.2008	0.2036
December	0.2015	0.1990	0.2005