2024 SZL to AED Historical Review

YEARLY HIGH

0.2139 AED

YEARLY LOW

0.1905 AED

YEARLY AVERAGE

0.2006 AED

2024 SZL to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.2139. Conversely, the yearly low was recorded on February 26, dropping to 0.1905.

This high-to-low spread represents a total annual volatility of 0.0234 AED. From a start-to-finish perspective, comparing the January average rate of 0.1956 to the December average rate of 0.2016, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2139 was down 2.06% compared to the 2023 peak of 0.2184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,069 AED

2023 Average 997 AED

Yearly Trough Low 952 AED

Transaction Impact: A difference of 116.92 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2107

0.1921

JanuMarcMayJulySeptNove

SZL 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 0.1963, compared to 0.2050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.1963

H2 Avg (Jul–Dec) 0.2050

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0132 AED (High: 0.2080 / Low: 0.1948). On the other end, October was the most stable month, with a tight range of 0.0052 AED (High: 0.2124 / Low: 0.2071).

December Spread (Volatile) ±0.0132

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0039 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2085) against the same month in 2023 (average: 0.1938), the exchange rate shifted by +0.0147 (+7.59%).

2024 Avg (September) 0.2085

2023 Avg (September) 0.1938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1989	0.1919	0.1956
February	0.1975	0.1905	0.1937
March	0.1974	0.1919	0.1949
April	0.1985	0.1913	0.1948
May	0.2025	0.1969	0.1996
June	0.2055	0.1930	0.1994
July	0.2045	0.1990	0.2015
August	0.2083	0.1978	0.2038
September	0.2139	0.2043	0.2085
October	0.2124	0.2071	0.2091
November	0.2108	0.2014	0.2052
December	0.2080	0.1948	0.2016