2023 SRD to AED Historical Review

YEARLY HIGH

0.1164 AED

YEARLY LOW

0.0951 AED

YEARLY AVERAGE

0.1008 AED

2023 SRD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1164. Conversely, the yearly low was recorded on July 31, dropping to 0.0951.

This high-to-low spread represents a total annual volatility of 0.0213 AED. From a start-to-finish perspective, comparing the January average rate of 0.1155 to the December average rate of 0.0983, the exchange rate registered a net change of -14.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1164 was down 35.67% compared to the 2022 peak of 0.1809, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 582 AED

2022 Average 776 AED

Yearly Trough Low 476 AED

Transaction Impact: A difference of 106.42 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1174

0.0939

JanuMarcMayJulySeptNove

SRD 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 0.1049, compared to 0.0966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1049

H2 Avg (Jul–Dec) 0.0966

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0078 AED (High: 0.1096 / Low: 0.1017). On the other end, November was the most stable month, with a tight range of 0.0009 AED (High: 0.0972 / Low: 0.0963).

March Spread (Volatile) ±0.0078

November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1155) against the same month in 2022 (average: 0.1736), the exchange rate shifted by -0.0582 (-33.50%).

2023 Avg (January) 0.1155

2022 Avg (January) 0.1736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1164	0.1133	0.1155
February	0.1148	0.1084	0.1120
March	0.1096	0.1017	0.1062
April	0.1027	0.0982	0.0999
May	0.0989	0.0970	0.0983
June	0.0984	0.0958	0.0974
July	0.0993	0.0951	0.0967
August	0.0962	0.0953	0.0960
September	0.0965	0.0952	0.0959
October	0.0967	0.0957	0.0963
November	0.0972	0.0963	0.0967
December	0.1000	0.0969	0.0983