2024 AED to SHP Historical Review

YEARLY HIGH

0.2205 SHP

YEARLY LOW

0.2028 SHP

YEARLY AVERAGE

0.2131 SHP

2024 AED to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.2205. Conversely, the yearly low was recorded on September 24, dropping to 0.2028.

This high-to-low spread represents a total annual volatility of 0.0177 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2142 to the December average rate of 0.2155, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2205 was down 4.23% compared to the 2023 peak of 0.2302, 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 1,102 SHP

2023 Average 1,095 SHP

Yearly Trough Low 1,014 SHP

Transaction Impact: A difference of 88.51 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2188

0.2048

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 0.2152, compared to 0.2109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2152

H2 Avg (Jul–Dec) 0.2109

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0093 SHP (High: 0.2147 / Low: 0.2054). On the other end, January was the most stable month, with a tight range of 0.0026 SHP (High: 0.2157 / Low: 0.2131).

August Spread (Volatile) ±0.0093

January Spread (Stable) ±0.0026

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 August and September, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2177) against the same month in 2023 (average: 0.2188), the exchange rate shifted by -0.0011 (-0.51%).

2024 Avg (April) 0.2177

2023 Avg (April) 0.2188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2157	0.2131	0.2142
February	0.2172	0.2136	0.2155
March	0.2162	0.2117	0.2143
April	0.2205	0.2148	0.2177
May	0.2179	0.2132	0.2155
June	0.2157	0.2125	0.2143
July	0.2153	0.2093	0.2116
August	0.2147	0.2054	0.2103
September	0.2088	0.2028	0.2060
October	0.2111	0.2051	0.2087
November	0.2173	0.2087	0.2136
December	0.2179	0.2130	0.2155