2024 AED to SGD Historical Review

YEARLY HIGH

0.3721 SGD

YEARLY LOW

0.3485 SGD

YEARLY AVERAGE

0.3639 SGD

2024 AED to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3721. Conversely, the yearly low was recorded on September 28, dropping to 0.3485.

This high-to-low spread represents a total annual volatility of 0.0237 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3637 to the December average rate of 0.3678, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3721 was down 0.49% compared to the 2023 peak of 0.3740, 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 1,861 SGD

2023 Average 1,828 SGD

Yearly Trough Low 1,742 SGD

Transaction Impact: A difference of 118.38 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3713

0.3511

JanuMarcMayJulySeptNove

AED to SGD 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 0.3668, compared to 0.3610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.3668

H2 Avg (Jul–Dec) 0.3610

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0098 SGD (High: 0.3640 / Low: 0.3542). On the other end, June was the most stable month, with a tight range of 0.0036 SGD (High: 0.3700 / Low: 0.3663).

August Spread (Volatile) ±0.0098

June Spread (Stable) ±0.0036

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 July and August, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3678) against the same month in 2023 (average: 0.3625), the exchange rate shifted by +0.0053 (+1.47%).

2024 Avg (December) 0.3678

2023 Avg (December) 0.3625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3660	0.3594	0.3637
February	0.3679	0.3639	0.3662
March	0.3676	0.3622	0.3652
April	0.3717	0.3662	0.3696
May	0.3704	0.3658	0.3678
June	0.3700	0.3663	0.3682
July	0.3697	0.3638	0.3664
August	0.3640	0.3542	0.3582
September	0.3559	0.3485	0.3527
October	0.3604	0.3507	0.3568
November	0.3672	0.3576	0.3638
December	0.3721	0.3644	0.3678