YEARLY HIGH
0.9660 AED
YEARLY LOW
0.7972 AED
YEARLY AVERAGE
0.9228 AED

2024 PLN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.9660. Conversely, the yearly low was recorded on January 1, dropping to 0.7972.

This high-to-low spread represents a total annual volatility of 0.1689 AED. From a start-to-finish perspective, comparing the January average rate of 0.9144 to the December average rate of 0.9009, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9660 was up 2.31% compared to the 2023 peak of 0.9442, 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 19,321 AED
2023 Average 17,522 AED
Yearly Trough Low 15,943 AED
Transaction Impact: A difference of 3,377.62 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9594
0.8956
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 0.9192, compared to 0.9264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.9192
H2 Avg (Jul–Dec) 0.9264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1322 AED (High: 0.9293 / Low: 0.7972). On the other end, February was the most stable month, with a tight range of 0.0188 AED (High: 0.9253 / Low: 0.9065).

January Spread (Volatile) ±0.1322
February Spread (Stable) ±0.0188

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 September and October, when the average rate fell by 0.0269 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9541) against the same month in 2023 (average: 0.8526), the exchange rate shifted by +0.1015 (+11.90%).

2024 Avg (September) 0.9541
2023 Avg (September) 0.8526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9293 0.7972 0.9144
February 0.9253 0.9065 0.9167
March 0.9392 0.9184 0.9268
April 0.9364 0.8932 0.9150
May 0.9383 0.9096 0.9273
June 0.9375 0.8974 0.9147
July 0.9417 0.9135 0.9312
August 0.9653 0.9209 0.9438
September 0.9660 0.9429 0.9541
October 0.9476 0.9110 0.9272
November 0.9220 0.8821 0.9010
December 0.9115 0.8886 0.9009