YEARLY HIGH
5710.4693 SLL
YEARLY LOW
4809.2892 SLL
YEARLY AVERAGE
5194.2231 SLL

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 28,552,347 SLL
2022 Average 18,686,702 SLL
Yearly Trough Low 24,046,446 SLL
Transaction Impact: A difference of 4,505,900.75 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5799.8578
4719.3985
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4809.8066
H2 Avg (Jul–Dec) 5578.6397

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±899.7467
August Spread (Stable) ±0.1399

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0117

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 5709.8195
2022 Avg (December) 4809.6645

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