YEARLY HIGH
3.0568 SEK
YEARLY LOW
2.7070 SEK
YEARLY AVERAGE
2.8895 SEK

2023 AED to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 3.0568. Conversely, the yearly low was recorded on December 27, dropping to 2.7070.

This high-to-low spread represents a total annual volatility of 0.3499 SEK. From a start-to-finish perspective, comparing the January average rate of 2.8289 to the December average rate of 2.7892, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0568 was down 1.26% compared to the 2022 peak of 3.0960, 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 15,284 SEK
2022 Average 13,776 SEK
Yearly Trough Low 13,535 SEK
Transaction Impact: A difference of 1,749.36 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0430
2.7661
JanuMarcMayJulySeptNove

AED to SEK 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 2.8565, compared to 2.9224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0658 points.

H1 Avg (Jan–Jun) 2.8565
H2 Avg (Jul–Dec) 2.9224

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2297 SEK (High: 3.0385 / Low: 2.8089). On the other end, April was the most stable month, with a tight range of 0.0731 SEK (High: 2.8624 / Low: 2.7893).

November Spread (Volatile) ±0.2297
April Spread (Stable) ±0.0731

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1182 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 3.0016) against the same month in 2022 (average: 3.0308), the exchange rate shifted by -0.0293 (-0.97%).

2023 Avg (October) 3.0016
2022 Avg (October) 3.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9098 2.7765 2.8289
February 2.8900 2.8077 2.8469
March 2.9218 2.8049 2.8615
April 2.8624 2.7893 2.8176
May 2.9587 2.7633 2.8543
June 2.9720 2.8873 2.9300
July 2.9818 2.7728 2.8664
August 3.0091 2.8778 2.9497
September 3.0466 2.9730 3.0200
October 3.0568 2.9604 3.0016
November 3.0385 2.8089 2.9074
December 2.8565 2.7070 2.7892