2024 SCR to AED Historical Review

YEARLY HIGH

0.2866 AED

YEARLY LOW

0.2434 AED

YEARLY AVERAGE

0.2688 AED

2024 SCR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2866. Conversely, the yearly low was recorded on December 16, dropping to 0.2434.

This high-to-low spread represents a total annual volatility of 0.0431 AED. From a start-to-finish perspective, comparing the January average rate of 0.2745 to the December average rate of 0.2604, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2866 was down 0.68% compared to the 2023 peak of 0.2885, 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 1,433 AED

2023 Average 1,367 AED

Yearly Trough Low 1,217 AED

Transaction Impact: A difference of 215.75 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2759

0.2590

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 0.2705, compared to 0.2671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.2705

H2 Avg (Jul–Dec) 0.2671

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0419 AED (High: 0.2865 / Low: 0.2446). On the other end, May was the most stable month, with a tight range of 0.0083 AED (High: 0.2737 / Low: 0.2654).

August Spread (Volatile) ±0.0419

May Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between June and September, 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 November and December, when the average rate fell by 0.0068 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2732) against the same month in 2023 (average: 0.2796), the exchange rate shifted by -0.0064 (-2.29%).

2024 Avg (September) 0.2732

2023 Avg (September) 0.2796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2812	0.2646	0.2745
February	0.2786	0.2658	0.2729
March	0.2755	0.2579	0.2702
April	0.2739	0.2556	0.2703
May	0.2737	0.2654	0.2690
June	0.2709	0.2502	0.2660
July	0.2719	0.2603	0.2663
August	0.2865	0.2446	0.2676
September	0.2866	0.2631	0.2732
October	0.2809	0.2441	0.2681
November	0.2742	0.2568	0.2672
December	0.2761	0.2434	0.2604