2024 SRD to AED Historical Review

YEARLY HIGH

0.1281 AED

YEARLY LOW

0.0994 AED

YEARLY AVERAGE

0.1116 AED

2024 SRD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.1281. Conversely, the yearly low was recorded on January 18, dropping to 0.0994.

This high-to-low spread represents a total annual volatility of 0.0287 AED. From a start-to-finish perspective, comparing the January average rate of 0.1001 to the December average rate of 0.1043, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1281 was up 10.08% compared to the 2023 peak of 0.1164, 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 641 AED

2023 Average 504 AED

Yearly Trough Low 497 AED

Transaction Impact: A difference of 143.59 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1303

0.0974

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 0.1070, compared to 0.1161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.1070

H2 Avg (Jul–Dec) 0.1161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0128 AED (High: 0.1197 / Low: 0.1069). On the other end, August was the most stable month, with a tight range of 0.0010 AED (High: 0.1281 / Low: 0.1271).

October Spread (Volatile) ±0.0128

August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0106 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1275) against the same month in 2023 (average: 0.0960), the exchange rate shifted by +0.0316 (+32.90%).

2024 Avg (August) 0.1275

2023 Avg (August) 0.0960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1009	0.0994	0.1001
February	0.1040	0.1000	0.1016
March	0.1054	0.1035	0.1042
April	0.1086	0.1046	0.1061
May	0.1143	0.1086	0.1126
June	0.1199	0.1139	0.1172
July	0.1273	0.1191	0.1237
August	0.1281	0.1271	0.1275
September	0.1272	0.1196	0.1237
October	0.1197	0.1069	0.1131
November	0.1069	0.1034	0.1044
December	0.1048	0.1037	0.1043