2023 SCR to AED Historical Review

YEARLY HIGH

0.2885 AED

YEARLY LOW

0.2592 AED

YEARLY AVERAGE

0.2734 AED

2023 SCR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.2885. Conversely, the yearly low was recorded on July 21, dropping to 0.2592.

This high-to-low spread represents a total annual volatility of 0.0293 AED. From a start-to-finish perspective, comparing the January average rate of 0.2714 to the December average rate of 0.2734, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2885 was down 0.50% compared to the 2022 peak of 0.2900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,443 AED

2022 Average 1,356 AED

Yearly Trough Low 1,296 AED

Transaction Impact: A difference of 146.62 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2807

0.2670

JanuMarcMayJulySeptNove

SCR 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 0.2713, compared to 0.2756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2713

H2 Avg (Jul–Dec) 0.2756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0248 AED (High: 0.2844 / Low: 0.2596). On the other end, August was the most stable month, with a tight range of 0.0105 AED (High: 0.2793 / Low: 0.2688).

January Spread (Volatile) ±0.0248

August Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0040 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2796) against the same month in 2022 (average: 0.2740), the exchange rate shifted by +0.0056 (+2.04%).

2023 Avg (September) 0.2796

2022 Avg (September) 0.2740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2844	0.2596	0.2714
February	0.2820	0.2593	0.2712
March	0.2823	0.2609	0.2730
April	0.2844	0.2615	0.2719
May	0.2798	0.2610	0.2721
June	0.2798	0.2594	0.2681
July	0.2821	0.2592	0.2749
August	0.2793	0.2688	0.2747
September	0.2885	0.2697	0.2796
October	0.2882	0.2658	0.2757
November	0.2816	0.2676	0.2750
December	0.2844	0.2627	0.2734