2024 MXN to AED Historical Review

YEARLY HIGH

0.2249 AED

YEARLY LOW

0.1760 AED

YEARLY AVERAGE

0.2016 AED

2024 MXN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.2249. Conversely, the yearly low was recorded on December 31, dropping to 0.1760.

This high-to-low spread represents a total annual volatility of 0.0489 AED. From a start-to-finish perspective, comparing the January average rate of 0.2153 to the December average rate of 0.1814, the exchange rate registered a net change of -15.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2249 was up 2.16% compared to the 2023 peak of 0.2202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 11,246 AED

2023 Average 10,371 AED

Yearly Trough Low 8,800 AED

Transaction Impact: A difference of 2,445.61 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2229

0.1769

JanuMarcMayJulySeptNove

MXN 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 0.2148, compared to 0.1885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.2148

H2 Avg (Jul–Dec) 0.1885

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0206 AED (High: 0.2164 / Low: 0.1958). On the other end, February was the most stable month, with a tight range of 0.0020 AED (High: 0.2155 / Low: 0.2135).

June Spread (Volatile) ±0.0206

February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0166 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2185) against the same month in 2023 (average: 0.2033), the exchange rate shifted by +0.0153 (+7.51%).

2024 Avg (April) 0.2185

2023 Avg (April) 0.2033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2182	0.2122	0.2153
February	0.2155	0.2135	0.2149
March	0.2218	0.2159	0.2190
April	0.2249	0.2135	0.2185
May	0.2219	0.2157	0.2187
June	0.2164	0.1958	0.2021
July	0.2084	0.1957	0.2029
August	0.1972	0.1850	0.1918
September	0.1921	0.1828	0.1875
October	0.1905	0.1821	0.1867
November	0.1854	0.1777	0.1807
December	0.1830	0.1760	0.1814