2023 AED to SHP Historical Review

YEARLY HIGH

0.2302 SHP

YEARLY LOW

0.2074 SHP

YEARLY AVERAGE

0.2190 SHP

2023 AED to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.2302. Conversely, the yearly low was recorded on July 13, dropping to 0.2074.

This high-to-low spread represents a total annual volatility of 0.0228 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2224 to the December average rate of 0.2150, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2302 was down 9.30% compared to the 2022 peak of 0.2538, 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 1,151 SHP

2022 Average 1,105 SHP

Yearly Trough Low 1,037 SHP

Transaction Impact: A difference of 114.17 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2271

0.2100

JanuMarcMayJulySeptNove

AED to SHP 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 0.2208, compared to 0.2172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2208

H2 Avg (Jul–Dec) 0.2172

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0104 SHP (High: 0.2302 / Low: 0.2198). On the other end, August was the most stable month, with a tight range of 0.0037 SHP (High: 0.2165 / Low: 0.2128).

March Spread (Volatile) ±0.0104

August Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2243) against the same month in 2022 (average: 0.2068), the exchange rate shifted by +0.0175 (+8.47%).

2023 Avg (March) 0.2243

2022 Avg (March) 0.2068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2286	0.2193	0.2224
February	0.2280	0.2198	0.2257
March	0.2302	0.2198	0.2243
April	0.2216	0.2166	0.2188
May	0.2211	0.2155	0.2183
June	0.2190	0.2122	0.2155
July	0.2145	0.2074	0.2114
August	0.2165	0.2128	0.2144
September	0.2244	0.2157	0.2198
October	0.2254	0.2211	0.2237
November	0.2235	0.2142	0.2191
December	0.2170	0.2127	0.2150