2023 AED to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AED to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AED to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 6216.0223. Conversely, the yearly low was recorded on September 3, dropping to 6066.2243.
This high-to-low spread represents a total annual volatility of 149.7979 STD. From a start-to-finish perspective, comparing the January average rate of 6214.0484 to the December average rate of 6067.1478, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 6216.0223 was down 3.49% compared to the 2022 peak of 6441.1030, 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 STD 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 6214.4908, compared to 6087.9575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 126.5333 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 147.8917 STD (High: 6214.1606 / Low: 6066.2689). On the other end, August was the most stable month, with a tight range of 0.1486 STD (High: 6066.3763 / Low: 6066.2276).
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 July and August, when the average rate fell by 128.6235 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 6215.3435) against the same month in 2022 (average: 6064.1763), the exchange rate shifted by +151.1673 (+2.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6214.6090 | 6213.9407 | 6214.0484 |
| February | 6214.2283 | 6213.8222 | 6214.0129 |
| March | 6214.9982 | 6213.9914 | 6214.4781 |
| April | 6215.7175 | 6214.3298 | 6215.0252 |
| May | 6216.0223 | 6214.0253 | 6215.3435 |
| June | 6214.1606 | 6213.8222 | 6214.0364 |
| July | 6214.1606 | 6066.2689 | 6194.9374 |
| August | 6066.3763 | 6066.2276 | 6066.3139 |
| September | 6066.5745 | 6066.2243 | 6066.3585 |
| October | 6066.4423 | 6066.2276 | 6066.3383 |
| November | 6067.3674 | 6066.3432 | 6066.6489 |
| December | 6067.8383 | 6066.7066 | 6067.1478 |