YEARLY HIGH
0.4481 AED
YEARLY LOW
0.4323 AED
YEARLY AVERAGE
0.4401 AED

2023 SBD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.4481. Conversely, the yearly low was recorded on October 25, dropping to 0.4323.

This high-to-low spread represents a total annual volatility of 0.0158 AED. From a start-to-finish perspective, comparing the January average rate of 0.4444 to the December average rate of 0.4342, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4481 was down 2.48% compared to the 2022 peak of 0.4595, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 2,240 AED
2022 Average 2,257 AED
Yearly Trough Low 2,162 AED
Transaction Impact: A difference of 78.94 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4475
0.4330
JanuMarcMayJulySeptNove

SBD to AED 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 0.4436, compared to 0.4367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.4436
H2 Avg (Jul–Dec) 0.4367

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0084 AED (High: 0.4409 / Low: 0.4325). On the other end, August was the most stable month, with a tight range of 0.0018 AED (High: 0.4400 / Low: 0.4382).

July Spread (Volatile) ±0.0084
August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4461) against the same month in 2022 (average: 0.4541), the exchange rate shifted by -0.0080 (-1.76%).

2023 Avg (February) 0.4461
2022 Avg (February) 0.4541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4471 0.4426 0.4444
February 0.4481 0.4443 0.4461
March 0.4479 0.4443 0.4463
April 0.4461 0.4405 0.4429
May 0.4425 0.4403 0.4410
June 0.4415 0.4396 0.4406
July 0.4409 0.4325 0.4391
August 0.4400 0.4382 0.4389
September 0.4389 0.4345 0.4373
October 0.4381 0.4323 0.4355
November 0.4387 0.4324 0.4354
December 0.4362 0.4326 0.4342