2024 SVC to AED Historical Review

YEARLY HIGH

0.4236 AED

YEARLY LOW

0.4160 AED

YEARLY AVERAGE

0.4198 AED

2024 SVC to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.4236. Conversely, the yearly low was recorded on February 4, dropping to 0.4160.

This high-to-low spread represents a total annual volatility of 0.0076 AED. From a start-to-finish perspective, comparing the January average rate of 0.4198 to the December average rate of 0.4199, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4236 was down 0.50% compared to the 2023 peak of 0.4257, 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 2,118 AED

2023 Average 2,100 AED

Yearly Trough Low 2,080 AED

Transaction Impact: A difference of 38.18 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4202

0.4194

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 0.4199, compared to 0.4198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4199

H2 Avg (Jul–Dec) 0.4198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0050 AED (High: 0.4236 / Low: 0.4186). On the other end, July was the most stable month, with a tight range of 0.0016 AED (High: 0.4210 / Low: 0.4194).

August Spread (Volatile) ±0.0050

July Spread (Stable) ±0.0016

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 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4202) against the same month in 2023 (average: 0.4198), the exchange rate shifted by +0.0004 (+0.09%).

2024 Avg (August) 0.4202

2023 Avg (August) 0.4198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4209	0.4186	0.4198
February	0.4206	0.4160	0.4197
March	0.4216	0.4186	0.4200
April	0.4209	0.4187	0.4200
May	0.4220	0.4191	0.4199
June	0.4208	0.4170	0.4198
July	0.4210	0.4194	0.4199
August	0.4236	0.4186	0.4202
September	0.4208	0.4191	0.4197
October	0.4201	0.4181	0.4195
November	0.4217	0.4174	0.4197
December	0.4214	0.4191	0.4199