YEARLY HIGH
5710.2329 SLL
YEARLY LOW
5709.0157 SLL
YEARLY AVERAGE
5709.2269 SLL

2024 AED to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 5710.2329. Conversely, the yearly low was recorded on November 25, dropping to 5709.0157.

This high-to-low spread represents a total annual volatility of 1.2173 SLL. From a start-to-finish perspective, comparing the January average rate of 5709.2520 to the December average rate of 5709.0987, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5710.2329 was down 0.00% compared to the 2023 peak of 5710.4693, 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 28,551,165 SLL
2023 Average 25,983,351 SLL
Yearly Trough Low 28,545,078 SLL
Transaction Impact: A difference of 6,086.38 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5709.8382
5709.0195
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 5709.3473, compared to 5709.1066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2407 points.

H1 Avg (Jan–Jun) 5709.3473
H2 Avg (Jul–Dec) 5709.1066

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1396 SLL (High: 5710.2329 / Low: 5709.0934). On the other end, July was the most stable month, with a tight range of 0.1088 SLL (High: 5709.1400 / Low: 5709.0312).

March Spread (Volatile) ±1.1396
July Spread (Stable) ±0.1088

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6127 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 5709.6254) against the same month in 2023 (average: 4809.7968), the exchange rate shifted by +899.8286 (+18.71%).

2024 Avg (March) 5709.6254
2023 Avg (March) 4809.7968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5709.4245 5709.0934 5709.2520
February 5709.3265 5709.0934 5709.1643
March 5710.2329 5709.0934 5709.6254
April 5710.1816 5709.2177 5709.7699
May 5709.3421 5709.0887 5709.1573
June 5709.2177 5709.0312 5709.1146
July 5709.1400 5709.0312 5709.0915
August 5709.3265 5709.0934 5709.1360
September 5709.2224 5709.0934 5709.1188
October 5709.1400 5709.0157 5709.0877
November 5709.2488 5709.0157 5709.1066
December 5709.1711 5709.0234 5709.0987