YEARLY HIGH
0.4257 AED
YEARLY LOW
0.4159 AED
YEARLY AVERAGE
0.4199 AED

2023 SVC to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.4257. Conversely, the yearly low was recorded on February 5, dropping to 0.4159.

This high-to-low spread represents a total annual volatility of 0.0098 AED. From a start-to-finish perspective, comparing the January average rate of 0.4198 to the December average rate of 0.4193, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4257 was up 0.22% compared to the 2022 peak of 0.4248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,129 AED
2022 Average 2,099 AED
Yearly Trough Low 2,080 AED
Transaction Impact: A difference of 49.04 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4205
0.4192
JanuMarcMayJulySeptNove

SVC 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 0.4200, compared to 0.4199 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) 0.4200
H2 Avg (Jul–Dec) 0.4199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0064 AED (High: 0.4257 / Low: 0.4193). On the other end, January was the most stable month, with a tight range of 0.0019 AED (High: 0.4212 / Low: 0.4193).

March Spread (Volatile) ±0.0064
January Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between August and November, 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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4204) against the same month in 2022 (average: 0.4197), the exchange rate shifted by +0.0006 (+0.15%).

2023 Avg (March) 0.4204
2022 Avg (March) 0.4197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4212 0.4193 0.4198
February 0.4222 0.4159 0.4197
March 0.4257 0.4193 0.4204
April 0.4253 0.4191 0.4202
May 0.4210 0.4189 0.4199
June 0.4224 0.4182 0.4198
July 0.4238 0.4191 0.4203
August 0.4225 0.4182 0.4198
September 0.4213 0.4189 0.4199
October 0.4216 0.4189 0.4201
November 0.4232 0.4194 0.4203
December 0.4201 0.4175 0.4193