top of page

UAE EIBOR History

The Feds have been increasing the rates since 2022 and the effects are seen all over the world.

​

I wanted to see the timeline of UAE's EIBOR rates before the COVID and onwards.

Historical data is available on the UAE Central Bank website from 2009 onwards. It is in Excel file format.

I used Power Query to import it, removed unwanted columns and merged whole year data into one single table.

​

In the end, I had one comprehensive table for each year from 2009 till November 2023.

​

Then I created a Power BI report and chose 3 months, 6 months and 1 year rates as primary data points.

​

I chose to have median values instead of average because median values are more robust to outliers and extreme values, which can distort the average. For example, if there are a few years with very high or low-interest rates, the median will not be affected by them, while the average will. Median values can also reflect the typical or most common interest rate in a given period.

​

Use the slider on the left side to see the movement of interest rates for a particular period.

bottom of page