UAE Dirham (AED) To Yuan Renminbi (CNY) Lowest Exchange Rate

| November 13, 2018

This report analyzes the lowest exchange rate of UAE Dirham (AED) - Yuan Renminbi (CNY). The sections include the comparison to other similar currency pairs and losses during the lowest rate date. Additionally, you will find a section that analyzes how low other stronger currencies against AED have gone.

The time range of analysis of this report is between 2014-12-01 and 2018-10-01. We will update this report regularly once in about 2 to 3 months.

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Below is a table of contents to help you navigate through the report.

  1. AED/CNY Lowest Exchange Rate
  2. 1-Week, 1-Month and 1-Year Losses During AED/CNY Lowest Rate
  3. Loss At Lowest Rate If You Had Bought UAE Dirham (AED) At Previous Highest Rate
  4. AED/CNY Lowest Rate Compared To 3 Of The Strongest Currencies
  5. AED/CNY Lowest Rate Compared To 3 Similar Currencies To Yuan Renminbi (CNY)
  6. AED to CNY - Top 20 Monthly & Weekly Lowest Average Rates

Recommended Reading: AED/CNY highest rate report will help you look at the best performance of the currency pair in detail (for the same timeframe of analysis as this report).

1 AED/CNY Lowest Exchange Rate

The lowest rate for AED/CNY pair was 1.665600. The corresponding date was 2015-04-03. We will not just stop with mentioning the rate. Rather we will be using a common sense approach to assess the magnitude of the rate drop. The method is explained in the next paragraph.

We will begin by finding the year of occurrence of the lowest exchange rate. For that year, we will be computing the annual and monthly average rates. We will then compare both the averages against the lowest rate.

Below table lists the computed average rates as well as the difference between the lowest rate and the averages.

Duration Average Rate Lowest Rate Vs Averages
Year (2015)1.707496-2.45 %
Month (04-2015)1.684469-1.12 %

Below is a visual representation of the table you just saw. The below graph compares the average rates against the lowest rate of UAE Dirham (AED) - Yuan Renminbi (CNY).

UAE Dirham (AED) - Yuan Renminbi (CNY) Lowest Rate

Below table shows daily rates on lowest month:

DateCloseOne-day Gain (%)Rate-Change From Past Day
1st April 20151.6844-0.000200 (-0.01 %)
2nd April 20151.684-0.000400 (-0.02 %)-0.0004 (-0.02 %)
3rd April 20151.6656-0.018400 (-1.09 %)-0.0184 (-1.09 %)
6th April 20151.6829-0.000600 (-0.04 %)0.0173 (1.04 %)
7th April 20151.68370.000600 (0.04 %)0.0008 (0.05 %)
8th April 20151.68540.001700 (0.10 %)0.0017 (0.1 %)
9th April 20151.68610.000700 (0.04 %)0.0007 (0.04 %)
10th April 20151.6870.000700 (0.04 %)0.0009 (0.05 %)
11th April 20151.68720.000200 (0.01 %)0.0002 (0.01 %)
12th April 20151.687-0.000200 (-0.01 %)-0.0002 (-0.01 %)
13th April 20151.68890.002100 (0.12 %)0.0019 (0.11 %)
14th April 20151.6879-0.001000 (-0.06 %)-0.001 (-0.06 %)
15th April 20151.6857-0.001200 (-0.07 %)-0.0022 (-0.13 %)
16th April 20151.6833-0.002400 (-0.14 %)-0.0024 (-0.14 %)
17th April 20151.68440.001100 (0.07 %)0.0011 (0.07 %)
19th April 20151.68440.000200 (0.01 %)0 (0 %)
20th April 20151.68490.000500 (0.03 %)0.0005 (0.03 %)
21st April 20151.6848-0.000100 (-0.01 %)-0.0001 (-0.01 %)
22nd April 20151.6831-0.001700 (-0.10 %)-0.0017 (-0.1 %)
23rd April 20151.68390.000800 (0.05 %)0.0008 (0.05 %)
24th April 20151.6829-0.003900 (-0.23 %)-0.001 (-0.06 %)
26th April 20151.6829-0.000500 (-0.03 %)0 (0 %)
27th April 20151.68990.007000 (0.42 %)0.007 (0.42 %)
28th April 20151.6859-0.004000 (-0.24 %)-0.004 (-0.24 %)
29th April 20151.6845-0.001400 (-0.08 %)-0.0014 (-0.08 %)
30th April 20151.68550.001000 (0.06 %)0.001 (0.06 %)

2 1-Week, 1-Month and 1-Year Losses During AED/CNY Lowest Rate

Someone who invested in Yuan Renminbi (CNY) using UAE Dirham (AED) before the lowest rate day is bound to lose if he sold on that day. This section compares the losses one could have made by investing 1 week, 1 month and 1 year before the lowest exchange rate day.

Note: In case you see NA (Not Applicable) values in the below table that denotes a lack of data for the corresponding time range. For example, assume that the lowest rate was during the first week of the range of data used for this report. Then we will not be able to compute the value for someone who invested 1 year before.

Below table and graph represent the losses by investing in AED/CNY pair (subject to data availability) for 1 week, 1 month and 1 year before 2015-04-03.

Days Before Lowest CloseClose (Rate)Losses(%)
1 Week 2015-03-271.6886-1.36 %
1 Month 2015-03-031.7049-2.31 %
1 Year NANANA
UAE Dirham (AED)-Yuan Renminbi (CNY) Stock Losses - Week, Month, Year

Subject to data availability, below table summarizes the impact on a 1000 CNY invested in AED 1 week, 1 month and 1 year before the lowest close rate date.

Days Before Lowest RateLosses(%)What happens to 1000 CNY invested?
1 Week -1.36 %986.4
1 Month-2.31 %976.9

3 Loss At Lowest Rate If You Had Bought AED At Previous Highest Rate

Buying at high and selling when low is worst case scenario for any Forex investor. This section helps you assess the potential damage for an investor who invested in AED/CNY during the highest rate day that occurred before the lowest rate day of 2015-04-03.

Previous Highest Rate DateClose (Rate)Lowest Close RateLosses(%)
2015-03-031.70491.665600-2.31 %

Above table has shown the losses in percentage. Now let us check the impact on a 1000 CNY invested. As per the loss percentage shown in the above table, the 1000 CNY would have become 976.9.

4 AED/CNY Lowest Rate Compared To 3 Of The Strongest Currencies

Now let us compare the lowest rate of AED/CNY pair with three others formed by 3 of the strongest currencies against AED. In other words, we will be analyzing 3 pairs with the selected strong currencies as quote currencies (denoted after the slash symbol.)

To pick the strongest currencies we follow a simple method. We just check those pairs with UAE Dirham (AED) as base currency (before slash symbol) which have exchange rates among the lowest for the recent 12 month period ending 2018-10-01. The corresponding quote currencies are among the strongest ones.

AED-CNY Lowest Rate Vs Strong Currencies

Now we are going to analyze the potential impact of the lowest rate on investments. There is no straightforward way to do it. However, we are going to do a simple analysis that will give you an idea of the potential losses. We are going to measure and compare the differences between the lowest rates and the average rates for the recent 12 month period between 2017-10-01 and 2018-10-01.

Recommended Reading: Have a look at the similar section in the AED/CNY highest rate report to learn more in detail about this method.

CurrencyPairLowest RateAvg RateLowest Vs Avg. Rates (%)Difference (%)
Yuan RenminbiAED/CNY1.7026001.781393-4.42-
Kuwaiti DinarAED/KWD0.0815000.082265-0.933.49
Bahraini DinarAED/BHD0.1022000.102476-0.274.15
Rial OmaniAED/OMR0.1040000.104258-0.254.17

5 AED/CNY Lowest Rate Compared To 3 Similar Currencies To AED

In this section we are going to compare the performance ofAED/CNY against similar rate pairs but with AED as the base currency. In other words, the currency invested in will be the same in all the pairs under consideration. The range of observation is between 2014-12-01 and 2018-10-01

Below chart displays the lowest rates of CNY as well as 3 other similar currencies against AED.

AED to CNY Lowest Rate Alossest Similar Currencies

Below table lists the lowest rates of the currency pairs and a simple comparison. The final column shows the percentage difference between the lowest rates.

Note: A negative difference (last column value) for a currency pair indicates that the pair had lesser magnitude lowest rate than AED/AED.

CurrencyPairLowest RateDifference (%)
Yuan RenminbiAED/CNY1.665600-
Trinidad and Tobago DollarAED/TTD1.7091002.61
Danish KroneAED/DKK1.616400-2.95
KunaAED/HRK1.613900-3.1

6 AED to CNY - Top 20 Monthly & Weekly Lowest Average Rates

This sections displays the monthly and weekly average lowest rates for the currency pair - AED/CNY.

Top 20 Month-wise Lowest Avg. Rates:

Month-YearAvg. Rate Highest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
May-20151.6855181.687200 (0.001682)1.683700 (-0.001818)
March-20151.6953561.704900 (0.009544)1.683600 (-0.011756)
June-20151.6863001.687300 (0.001)1.684100 (-0.0022)
December-20141.6821931.691800 (0.009607)1.671000 (-0.011193)
April-20151.6844691.689900 (0.005431)1.665600 (-0.018869)
July-20151.6870931.687500 (0.000407)1.685000 (-0.002093)
January-20151.6891141.699400 (0.010286)1.681200 (-0.007914)
February-20151.6985771.701000 (0.002423)1.695600 (-0.002977)
March-20181.7177751.727500 (0.009725)1.703600 (-0.014175)
January-20181.7454501.773700 (0.02825)1.708200 (-0.03725)
October-20151.7255381.728300 (0.002762)1.717200 (-0.008338)
February-20181.7182151.725000 (0.006785)1.705500 (-0.012715)
April-20181.7111311.721300 (0.010169)1.702600 (-0.008531)
September-20151.7307441.736300 (0.005556)1.726900 (-0.003844)
August-20151.7231651.742200 (0.019035)1.687100 (-0.036065)
November-20151.7305841.738700 (0.008116)1.717200 (-0.013384)
May-20181.7312591.744400 (0.013141)1.721000 (-0.010259)
March-20161.7670681.780400 (0.013332)1.754100 (-0.012968)
April-20161.7600221.766500 (0.006478)1.755000 (-0.005022)
December-20151.7534071.763800 (0.010393)1.738600 (-0.014807)

Top 20 Weekly Lowest Avg. Rates:

Week-YearAvg. RateHighest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
Week 13-20151.6823331.688600 (0.006267)1.665600 (-0.016733)
Week 48-20141.6713171.671900 (0.000583)1.671000 (-0.000317)
Week 49-20141.6784001.681600 (0.0032)1.671100 (-0.0073)
Week 16-20151.6840001.684900 (0.0009)1.682900 (-0.0011)
Week 20-20151.6851291.686600 (0.001471)1.683700 (-0.001429)
Week 21-20151.6846291.685800 (0.001171)1.684000 (-0.000629)
Week 15-20151.6862001.688900 (0.0027)1.683300 (-0.0029)
Week 52-20141.6875001.690700 (0.0032)1.685200 (-0.0023)
Week 26-20151.6859501.687300 (0.00135)1.685000 (-0.00095)
Week 17-20151.6857001.689900 (0.0042)1.682900 (-0.0028)
Week 22-20151.6846331.685600 (0.000967)1.684100 (-0.000533)
Week 11-20151.6935831.701600 (0.008017)1.683600 (-0.009983)
Week 19-20151.6864831.687200 (0.000717)1.685200 (-0.001283)
Week 0-20151.6861001.687000 (0.0009)1.685200 (-0.0009)
Week 2-20151.6850431.687400 (0.002357)1.681200 (-0.003843)
Week 18-20151.6862501.687200 (0.00095)1.684800 (-0.00145)
Week 25-20151.6869401.687200 (0.00026)1.686500 (-0.00044)
Week 14-20151.6853831.687200 (0.001817)1.682900 (-0.002483)
Week 24-20151.6870601.687200 (0.00014)1.686900 (-0.00016)
Week 28-20151.6872861.687500 (0.000214)1.687100 (-0.000186)

Conclusion:

Hopefully, the report will help you in your forex investing

Recommended Reading: Learning the best and worst performances is just a part of the analysis. For a big picture, we strongly recommend you to go through the chart history of AED-CNY. We have applied a simple technique to smooth out the volatility in the graphs so that you can understand the entire analysis better.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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