2023 AED to SRD Historical Review

YEARLY HIGH

10.5148 SRD

YEARLY LOW

8.5920 SRD

YEARLY AVERAGE

9.9628 SRD

2023 AED to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 10.5148. Conversely, the yearly low was recorded on January 7, dropping to 8.5920.

This high-to-low spread represents a total annual volatility of 1.9228 SRD. From a start-to-finish perspective, comparing the January average rate of 8.6622 to the December average rate of 10.1740, the exchange rate registered a net change of 17.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.5148 was up 20.83% compared to the 2022 peak of 8.7024, 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 52,574 SRD

2022 Average 32,990 SRD

Yearly Trough Low 42,960 SRD

Transaction Impact: A difference of 9,614.02 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.6039

8.4856

JanuMarcMayJulySeptNove

AED to SRD 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 9.5767, compared to 10.3489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7722 points.

H1 Avg (Jan–Jun) 9.5767

H2 Avg (Jul–Dec) 10.3489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7018 SRD (High: 9.8286 / Low: 9.1268). On the other end, November was the most stable month, with a tight range of 0.0948 SRD (High: 10.3864 / Low: 10.2916).

March Spread (Volatile) ±0.7018

November Spread (Stable) ±0.0948

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1680 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 10.3440) against the same month in 2022 (average: 6.2315), the exchange rate shifted by +4.1125 (+65.99%).

2023 Avg (July) 10.3440

2022 Avg (July) 6.2315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.8261	8.5920	8.6622
February	9.2284	8.7122	8.9322
March	9.8286	9.1268	9.4186
April	10.1869	9.7354	10.0142
May	10.3143	10.1063	10.1689
June	10.4343	10.1620	10.2643
July	10.5148	10.0735	10.3440
August	10.4986	10.3960	10.4199
September	10.5079	10.3612	10.4273
October	10.4461	10.3454	10.3864
November	10.3864	10.2916	10.3420
December	10.3153	10.0048	10.1740