YEARLY HIGH
0.0982 AED
YEARLY LOW
0.0873 AED
YEARLY AVERAGE
0.0915 AED

2024 UAH to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0982. Conversely, the yearly low was recorded on December 23, dropping to 0.0873.

This high-to-low spread represents a total annual volatility of 0.0109 AED. From a start-to-finish perspective, comparing the January average rate of 0.0971 to the December average rate of 0.0879, the exchange rate registered a net change of -9.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0982 was down 4.13% compared to the 2023 peak of 0.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 491 AED
2023 Average 499 AED
Yearly Trough Low 436 AED
Transaction Impact: A difference of 54.52 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0980
0.0870
JanuMarcMayJulySeptNove

UAH 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 0.0942, compared to 0.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0942
H2 Avg (Jul–Dec) 0.0889

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0034 AED (High: 0.0969 / Low: 0.0935). On the other end, October was the most stable month, with a tight range of 0.0006 AED (High: 0.0892 / Low: 0.0886).

March Spread (Volatile) ±0.0034
October Spread (Stable) ±0.0006

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 February and March, when the average rate fell by 0.0018 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0971) against the same month in 2023 (average: 0.0999), the exchange rate shifted by -0.0029 (-2.86%).

2024 Avg (January) 0.0971
2023 Avg (January) 0.0999

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0982 0.0961 0.0971
February 0.0980 0.0951 0.0967
March 0.0969 0.0935 0.0949
April 0.0946 0.0923 0.0933
May 0.0936 0.0906 0.0924
June 0.0916 0.0899 0.0907
July 0.0908 0.0882 0.0896
August 0.0898 0.0888 0.0892
September 0.0896 0.0884 0.0890
October 0.0892 0.0886 0.0890
November 0.0891 0.0882 0.0887
December 0.0887 0.0873 0.0879