2024 SOS to AED Historical Review

YEARLY HIGH

0.0065 AED

YEARLY LOW

0.0064 AED

YEARLY AVERAGE

0.0064 AED

2024 SOS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0065. Conversely, the yearly low was recorded on February 4, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0001 AED. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0064, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0065 was down 1.02% compared to the 2023 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 32 AED

2023 Average 32 AED

Yearly Trough Low 32 AED

Transaction Impact: A difference of 0.59 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

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

H1 Avg (Jan–Jun) 0.0064

H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 AED (High: 0.0065 / Low: 0.0064). On the other end, July was the most stable month, with a tight range of 0.0000 AED (High: 0.0064 / Low: 0.0064).

August Spread (Volatile) ±0.0001

July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, 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 (August 2024: 0.0064) against the same month in 2023 (average: 0.0065), the exchange rate shifted by -0.0000 (-0.23%).

2024 Avg (August) 0.0064

2023 Avg (August) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

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