YEARLY HIGH
2.4044 SVC
YEARLY LOW
2.3490 SVC
YEARLY AVERAGE
2.3813 SVC

2023 AED to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.4044. Conversely, the yearly low was recorded on March 18, dropping to 2.3490.

This high-to-low spread represents a total annual volatility of 0.0554 SVC. From a start-to-finish perspective, comparing the January average rate of 2.3823 to the December average rate of 2.3850, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4044 was down 0.03% compared to the 2022 peak of 2.4052, 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 12,022 SVC
2022 Average 11,912 SVC
Yearly Trough Low 11,745 SVC
Transaction Impact: A difference of 276.95 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3856
2.3782
JanuMarcMayJulySeptNove

AED to SVC 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 2.3812, compared to 2.3814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 2.3812
H2 Avg (Jul–Dec) 2.3814

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0361 SVC (High: 2.3851 / Low: 2.3490). On the other end, January was the most stable month, with a tight range of 0.0105 SVC (High: 2.3849 / Low: 2.3743).

March Spread (Volatile) ±0.0361
January Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.3825) against the same month in 2022 (average: 2.3819), the exchange rate shifted by +0.0006 (+0.02%).

2023 Avg (February) 2.3825
2022 Avg (February) 2.3819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3849 2.3743 2.3823
February 2.4044 2.3687 2.3825
March 2.3851 2.3490 2.3788
April 2.3859 2.3515 2.3801
May 2.3873 2.3753 2.3817
June 2.3913 2.3674 2.3819
July 2.3862 2.3598 2.3794
August 2.3912 2.3669 2.3821
September 2.3873 2.3738 2.3817
October 2.3873 2.3717 2.3805
November 2.3841 2.3627 2.3795
December 2.3953 2.3805 2.3850