YEARLY HIGH
3539.9338 SYP
YEARLY LOW
684.0446 SYP
YEARLY AVERAGE
768.5166 SYP

2024 AED to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 3539.9338. Conversely, the yearly low was recorded on November 25, dropping to 684.0446.

This high-to-low spread represents a total annual volatility of 2855.8892 SYP. From a start-to-finish perspective, comparing the January average rate of 684.0729 to the December average rate of 1697.4151, the exchange rate registered a net change of 148.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3539.9338 was up 417.32% compared to the 2023 peak of 684.2775, 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 17,699,669 SYP
2023 Average 3,420,451 SYP
Yearly Trough Low 3,420,223 SYP
Transaction Impact: A difference of 14,279,446.23 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1798.7513
582.7170
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 684.0843, compared to 852.9489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 168.8646 points.

H1 Avg (Jan–Jun) 684.0843
H2 Avg (Jul–Dec) 852.9489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2855.8818 SYP (High: 3539.9338 / Low: 684.0520). On the other end, July was the most stable month, with a tight range of 0.0130 SYP (High: 684.0595 / Low: 684.0465).

December Spread (Volatile) ±2855.8818
July Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0734 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1697.4151) against the same month in 2023 (average: 684.1409), the exchange rate shifted by +1013.2742 (+148.11%).

2024 Avg (December) 1697.4151
2023 Avg (December) 684.1409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 684.0936 684.0539 684.0729
February 684.0818 684.0539 684.0624
March 684.1904 684.0539 684.1177
April 684.1843 684.0688 684.1350
May 684.0837 684.0533 684.0616
June 684.0688 684.0465 684.0564
July 684.0595 684.0465 684.0537
August 684.0818 684.0539 684.0590
September 684.0694 684.0539 684.0569
October 684.0595 684.0446 684.0532
November 684.0725 684.0446 684.0555
December 3539.9338 684.0520 1697.4151