YEARLY HIGH
0.9442 AED
YEARLY LOW
0.8202 AED
YEARLY AVERAGE
0.8758 AED

2023 PLN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.9442. Conversely, the yearly low was recorded on February 22, dropping to 0.8202.

This high-to-low spread represents a total annual volatility of 0.1240 AED. From a start-to-finish perspective, comparing the January average rate of 0.8475 to the December average rate of 0.9260, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9442 was up 1.18% compared to the 2022 peak of 0.9332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 18,884 AED
2022 Average 16,539 AED
Yearly Trough Low 16,403 AED
Transaction Impact: A difference of 2,480.24 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9358
0.8189
JanuMarcMayJulySeptNove

PLN 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 0.8590, compared to 0.8925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0334 points.

H1 Avg (Jan–Jun) 0.8590
H2 Avg (Jul–Dec) 0.8925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0654 AED (High: 0.9354 / Low: 0.8701). On the other end, May was the most stable month, with a tight range of 0.0250 AED (High: 0.8926 / Low: 0.8676).

November Spread (Volatile) ±0.0654
May Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0462 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9260) against the same month in 2022 (average: 0.8313), the exchange rate shifted by +0.0947 (+11.40%).

2023 Avg (December) 0.9260
2022 Avg (December) 0.8313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8877 0.8253 0.8475
February 0.8601 0.8202 0.8286
March 0.8566 0.8260 0.8382
April 0.8855 0.8486 0.8680
May 0.8926 0.8676 0.8788
June 0.9104 0.8745 0.8931
July 0.9300 0.8921 0.9140
August 0.9131 0.8860 0.8988
September 0.8862 0.8328 0.8526
October 0.8788 0.8306 0.8605
November 0.9354 0.8701 0.9030
December 0.9442 0.9117 0.9260