2024 AWG to SAR Historical Review

YEARLY HIGH

2.0957 SAR

YEARLY LOW

2.0780 SAR

YEARLY AVERAGE

2.0834 SAR

2024 AWG to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.0957. Conversely, the yearly low was recorded on March 24, dropping to 2.0780.

This high-to-low spread represents a total annual volatility of 0.0177 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0819 to the December average rate of 2.0867, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0957 was down 1.21% compared to the 2023 peak of 2.1214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,479 SAR

2023 Average 10,417 SAR

Yearly Trough Low 10,390 SAR

Transaction Impact: A difference of 88.57 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0872

2.0813

JanuMarcMayJulySeptNove

AWG 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 2.0822, compared to 2.0847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 2.0822

H2 Avg (Jul–Dec) 2.0847

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0133 SAR (High: 2.0957 / Low: 2.0825). On the other end, April was the most stable month, with a tight range of 0.0032 SAR (High: 2.0841 / Low: 2.0809).

November Spread (Volatile) ±0.0133

April Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.0858) against the same month in 2023 (average: 2.0870), the exchange rate shifted by -0.0012 (-0.06%).

2024 Avg (November) 2.0858

2023 Avg (November) 2.0870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0839	2.0789	2.0819
February	2.0838	2.0798	2.0822
March	2.0859	2.0780	2.0818
April	2.0841	2.0809	2.0828
May	2.0838	2.0805	2.0821
June	2.0843	2.0803	2.0825
July	2.0843	2.0809	2.0828
August	2.0859	2.0796	2.0838
September	2.0857	2.0802	2.0834
October	2.0872	2.0820	2.0853
November	2.0957	2.0825	2.0858
December	2.0882	2.0840	2.0867