YEARLY HIGH
3.0333 SEK
YEARLY LOW
2.7430 SEK
YEARLY AVERAGE
2.8791 SEK

2024 AED to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3.0333. Conversely, the yearly low was recorded on January 1, dropping to 2.7430.

This high-to-low spread represents a total annual volatility of 0.2902 SEK. From a start-to-finish perspective, comparing the January average rate of 2.8170 to the December average rate of 2.9934, the exchange rate registered a net change of 6.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0333 was down 0.77% compared to the 2023 peak of 3.0568, 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 15,166 SEK
2023 Average 14,447 SEK
Yearly Trough Low 13,715 SEK
Transaction Impact: A difference of 1,451.07 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0145
2.7620
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 2.8719, compared to 2.8863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 2.8719
H2 Avg (Jul–Dec) 2.8863

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1577 SEK (High: 2.9221 / Low: 2.7644). On the other end, June was the most stable month, with a tight range of 0.0669 SEK (High: 2.8946 / Low: 2.8277).

August Spread (Volatile) ±0.1577
June Spread (Stable) ±0.0669

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0651 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.9934) against the same month in 2023 (average: 2.7892), the exchange rate shifted by +0.2043 (+7.32%).

2024 Avg (December) 2.9934
2023 Avg (December) 2.7892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8545 2.7430 2.8170
February 2.8875 2.7990 2.8413
March 2.9141 2.7804 2.8390
April 3.0001 2.8733 2.9467
May 2.9736 2.8669 2.9264
June 2.8946 2.8277 2.8613
July 2.9507 2.8153 2.8950
August 2.9221 2.7644 2.8300
September 2.8290 2.7452 2.7831
October 2.9077 2.7947 2.8524
November 3.0141 2.8861 2.9642
December 3.0333 2.9546 2.9934