Today's AED to KRW Price Update

Summary

This report provides the real-time exchange rate between the United Arab Emirates Dirham (AED) and South Korean Won (KRW), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The United Arab Emirates Dirham (AED) is a major fiat currency in the Middle East, while the South Korean Won (KRW) represents the currency of one of Asia’s leading economies. The exchange rate between them reflects market sentiment toward both regional economies and serves as an important indicator for traders engaged in cross-currency trading.

Today’s Price

• 1 AED = 392.13 KRW
• 24h High: 393.56 KRW
• 24h Low: 390.20 KRW
• 7-day Range: 388.61 – 394.32 KRW (Average: 392.52, Volatility: 0.43%)

Market Analysis

The AED/KRW exchange rate has demonstrated notable volatility in recent trading sessions, influenced by global economic policy and geopolitical factors. Over the past 52 weeks, the pair has traded within a range of 366.79 to 405.20, with year-to-date performance showing a change of 0.92%.

• Technical focus: Key support around 390.20 KRW, resistance near 393.56 KRW
• Risk note: Market volatility remains elevated; traders should monitor economic data releases and policy announcements
• Trading opportunities: Watch for potential moves within the established 7-day trading range; consider entries near support levels for tactical positioning

Conclusion

Continue to monitor the AED/KRW pair closely, integrating global economic developments with technical analysis to identify optimal entry and exit points for trading strategies.