2023 AED to SYP Historical Review

YEARLY HIGH

684.2775 SYP

YEARLY LOW

684.0353 SYP

YEARLY AVERAGE

684.0900 SYP

2023 AED to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 684.2775. Conversely, the yearly low was recorded on July 20, dropping to 684.0353.

This high-to-low spread represents a total annual volatility of 0.2422 SYP. From a start-to-finish perspective, comparing the January average rate of 684.0602 to the December average rate of 684.1409, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 684.2775 was up 0.02% compared to the 2022 peak of 684.1741, 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 3,421,387 SYP

2022 Average 3,420,065 SYP

Yearly Trough Low 3,420,176 SYP

Transaction Impact: A difference of 1,210.91 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

684.2183

684.0313

JanuMarcMayJulySeptNove

AED to SYP 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 684.1089, compared to 684.0712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0377 points.

H1 Avg (Jan–Jun) 684.1089

H2 Avg (Jul–Dec) 684.0712

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.2198 SYP (High: 684.2775 / Low: 684.0576). On the other end, August was the most stable month, with a tight range of 0.0168 SYP (High: 684.0539 / Low: 684.0371).

May Spread (Volatile) ±0.2198

August Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.1439 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 684.2028) against the same month in 2022 (average: 684.0322), the exchange rate shifted by +0.1706 (+0.02%).

2023 Avg (May) 684.2028

2022 Avg (May) 684.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	684.1219	684.0483	684.0602
February	684.0800	684.0353	684.0563
March	684.1647	684.0539	684.1075
April	684.2439	684.0912	684.1677
May	684.2775	684.0576	684.2028
June	684.0725	684.0353	684.0589
July	684.0725	684.0353	684.0531
August	684.0539	684.0371	684.0469
September	684.0763	684.0368	684.0519
October	684.0614	684.0371	684.0496
November	684.1657	684.0502	684.0847
December	684.2188	684.0912	684.1409