YEARLY HIGH
0.0066 AED
YEARLY LOW
0.0064 AED
YEARLY AVERAGE
0.0065 AED

2023 SOS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0066. Conversely, the yearly low was recorded on December 16, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0002 AED. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0064, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 0.47% compared to the 2022 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 AED
2022 Average 32 AED
Yearly Trough Low 32 AED
Transaction Impact: A difference of 0.81 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0065
0.0064
JanuMarcMayJulySeptNove

SOS 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 0.0065, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0065
H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 AED (High: 0.0065 / Low: 0.0064). On the other end, May was the most stable month, with a tight range of 0.0000 AED (High: 0.0065 / Low: 0.0064).

February Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0065) against the same month in 2022 (average: 0.0063), the exchange rate shifted by +0.0002 (+2.41%).

2023 Avg (March) 0.0065
2022 Avg (March) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0065
February 0.0065 0.0064 0.0065
March 0.0066 0.0065 0.0065
April 0.0065 0.0065 0.0065
May 0.0065 0.0064 0.0065
June 0.0065 0.0064 0.0065
July 0.0065 0.0064 0.0065
August 0.0065 0.0064 0.0065
September 0.0065 0.0064 0.0064
October 0.0065 0.0064 0.0064
November 0.0065 0.0064 0.0064
December 0.0064 0.0064 0.0064