2023 AED to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AED to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AED to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 5710.4693. Conversely, the yearly low was recorded on July 20, dropping to 4809.2892.
This high-to-low spread represents a total annual volatility of 901.1802 SLL. From a start-to-finish perspective, comparing the January average rate of 4809.4642 to the December average rate of 5709.8195, the exchange rate registered a net change of 18.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 5710.4693 was up 18.71% compared to the 2022 peak of 4810.2648, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AED to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4809.8066, compared to 5578.6397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 768.8331 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 899.7467 SLL (High: 5709.0359 / Low: 4809.2892). On the other end, August was the most stable month, with a tight range of 0.1399 SLL (High: 5709.0934 / Low: 5708.9535).
Growth Streaks & Declines
TrendsBetween February and May, 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 1.0117 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 5709.8195) against the same month in 2022 (average: 4809.6645), the exchange rate shifted by +900.1550 (+18.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4809.8981 | 4809.3808 | 4809.4642 |
| February | 4809.6034 | 4809.2892 | 4809.4367 |
| March | 4810.1993 | 4809.4201 | 4809.7968 |
| April | 4810.7560 | 4809.6820 | 4810.2202 |
| May | 4810.9919 | 4809.4463 | 4810.4666 |
| June | 4809.5510 | 4809.2892 | 4809.4549 |
| July | 5709.0359 | 4809.2892 | 4925.4998 |
| August | 5709.0934 | 5708.9535 | 5709.0347 |
| September | 5709.2799 | 5708.9504 | 5709.0767 |
| October | 5709.1556 | 5708.9535 | 5709.0577 |
| November | 5710.0261 | 5709.0623 | 5709.3500 |
| December | 5710.4693 | 5709.4043 | 5709.8195 |