YEARLY HIGH
2.0974 SAR
YEARLY LOW
2.0619 SAR
YEARLY AVERAGE
2.0822 SAR

2024 ANG to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.0974. Conversely, the yearly low was recorded on February 4, dropping to 2.0619.

This high-to-low spread represents a total annual volatility of 0.0355 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0812 to the December average rate of 2.0851, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0974 was down 0.78% compared to the 2023 peak of 2.1140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,487 SAR
2023 Average 10,412 SAR
Yearly Trough Low 10,310 SAR
Transaction Impact: A difference of 177.41 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0856
2.0795
JanuMarcMayJulySeptNove

ANG 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 2.0814, compared to 2.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.0814
H2 Avg (Jul–Dec) 2.0831

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0236 SAR (High: 2.0855 / Low: 2.0619). On the other end, July was the most stable month, with a tight range of 0.0075 SAR (High: 2.0871 / Low: 2.0796).

February Spread (Volatile) ±0.0236
July Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.0839) against the same month in 2023 (average: 2.0814), the exchange rate shifted by +0.0025 (+0.12%).

2024 Avg (August) 2.0839
2023 Avg (August) 2.0814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0868 2.0749 2.0812
February 2.0855 2.0619 2.0800
March 2.0903 2.0753 2.0822
April 2.0870 2.0751 2.0820
May 2.0920 2.0772 2.0817
June 2.0870 2.0674 2.0813
July 2.0871 2.0796 2.0820
August 2.0974 2.0763 2.0839
September 2.0878 2.0780 2.0817
October 2.0851 2.0751 2.0823
November 2.0925 2.0720 2.0835
December 2.0927 2.0813 2.0851