2024 AFN to SAR Historical Review

YEARLY HIGH

0.0577 SAR

YEARLY LOW

0.0498 SAR

YEARLY AVERAGE

0.0533 SAR

2024 AFN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0577. Conversely, the yearly low was recorded on February 3, dropping to 0.0498.

This high-to-low spread represents a total annual volatility of 0.0079 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0524 to the December average rate of 0.0541, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0577 was up 5.73% compared to the 2023 peak of 0.0546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289 SAR

2023 Average 228 SAR

Yearly Trough Low 249 SAR

Transaction Impact: A difference of 39.36 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0565

0.0508

JanuMarcMayJulySeptNove

AFN to SAR 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 0.0522, compared to 0.0543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0522

H2 Avg (Jul–Dec) 0.0543

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0032 SAR (High: 0.0536 / Low: 0.0505). On the other end, July was the most stable month, with a tight range of 0.0008 SAR (High: 0.0535 / Low: 0.0527).

January Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and June, 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 November and December, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0560) against the same month in 2023 (average: 0.0497), the exchange rate shifted by +0.0063 (+12.73%).

2024 Avg (October) 0.0560

2023 Avg (October) 0.0497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0536	0.0505	0.0524
February	0.0519	0.0498	0.0513
March	0.0528	0.0514	0.0520
April	0.0527	0.0518	0.0523
May	0.0532	0.0519	0.0523
June	0.0537	0.0523	0.0532
July	0.0535	0.0527	0.0530
August	0.0536	0.0527	0.0530
September	0.0552	0.0529	0.0540
October	0.0577	0.0546	0.0560
November	0.0562	0.0550	0.0555
December	0.0557	0.0533	0.0541