YEARLY HIGH
760.3935 CDF
YEARLY LOW
551.8665 CDF
YEARLY AVERAGE
635.8024 CDF

2023 AED to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 760.3935. Conversely, the yearly low was recorded on January 18, dropping to 551.8665.

This high-to-low spread represents a total annual volatility of 208.5270 CDF. From a start-to-finish perspective, comparing the January average rate of 557.7856 to the December average rate of 741.3253, the exchange rate registered a net change of 32.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 760.3935 was up 35.09% compared to the 2022 peak of 562.8660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,801,967 CDF
2022 Average 2,749,390 CDF
Yearly Trough Low 2,759,332 CDF
Transaction Impact: A difference of 1,042,635.04 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

759.6793
539.4317
JanuMarcMayJulySeptNove

AED to CDF 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 581.2811, compared to 690.3238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 109.0427 points.

H1 Avg (Jan–Jun) 581.2811
H2 Avg (Jul–Dec) 690.3238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 80.1411 CDF (High: 635.8586 / Low: 555.7175). On the other end, February was the most stable month, with a tight range of 9.9869 CDF (High: 566.7373 / Low: 556.7504).

May Spread (Volatile) ±80.1411
February Spread (Stable) ±9.9869

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 741.3253) against the same month in 2022 (average: 556.9583), the exchange rate shifted by +184.3670 (+33.10%).

2023 Avg (December) 741.3253
2022 Avg (December) 556.9583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 563.7836 551.8665 557.7856
February 566.7373 556.7504 561.5342
March 568.2629 556.7767 563.0634
April 594.9070 557.0833 566.7324
May 635.8586 555.7175 595.9820
June 656.1349 633.0088 642.5891
July 694.2743 656.1349 672.2140
August 678.0215 664.3017 674.1630
September 681.4662 669.1619 676.2118
October 707.1876 672.7437 685.6125
November 741.4326 669.9224 692.4160
December 760.3935 725.6440 741.3253