2024 AED to SVC Historical Review

YEARLY HIGH

2.4041 SVC

YEARLY LOW

2.3607 SVC

YEARLY AVERAGE

2.3819 SVC

2024 AED to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.4041. Conversely, the yearly low was recorded on August 4, dropping to 2.3607.

This high-to-low spread represents a total annual volatility of 0.0433 SVC. From a start-to-finish perspective, comparing the January average rate of 2.3819 to the December average rate of 2.3815, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4041 was down 0.01% compared to the 2023 peak of 2.4044, 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 12,020 SVC

2023 Average 11,906 SVC

Yearly Trough Low 11,804 SVC

Transaction Impact: A difference of 216.66 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3842

2.3797

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 2.3817, compared to 2.3821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 2.3817

H2 Avg (Jul–Dec) 2.3821

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0282 SVC (High: 2.3889 / Low: 2.3607). On the other end, July was the most stable month, with a tight range of 0.0090 SVC (High: 2.3845 / Low: 2.3755).

August Spread (Volatile) ±0.0282

July Spread (Stable) ±0.0090

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 July and August, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.3827) against the same month in 2023 (average: 2.3825), the exchange rate shifted by +0.0002 (+0.01%).

2024 Avg (February) 2.3827

2023 Avg (February) 2.3825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3891	2.3757	2.3819
February	2.4041	2.3774	2.3827
March	2.3889	2.3718	2.3811
April	2.3882	2.3760	2.3811
May	2.3861	2.3699	2.3815
June	2.3980	2.3766	2.3823
July	2.3845	2.3755	2.3818
August	2.3889	2.3607	2.3801
September	2.3863	2.3762	2.3827
October	2.3920	2.3804	2.3838
November	2.3957	2.3716	2.3827
December	2.3858	2.3728	2.3815