2024 AZN to SAR Historical Review

YEARLY HIGH

2.2110 SAR

YEARLY LOW

2.1989 SAR

YEARLY AVERAGE

2.2070 SAR

2024 AZN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.2110. Conversely, the yearly low was recorded on January 6, dropping to 2.1989.

This high-to-low spread represents a total annual volatility of 0.0121 SAR. From a start-to-finish perspective, comparing the January average rate of 2.2055 to the December average rate of 2.2098, 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 2.2110 was down 0.07% compared to the 2023 peak of 2.2126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,055 SAR

2023 Average 11,033 SAR

Yearly Trough Low 10,995 SAR

Transaction Impact: A difference of 60.38 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2102

2.2050

JanuMarcMayJulySeptNove

AZN 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 2.2059, compared to 2.2082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 2.2059

H2 Avg (Jul–Dec) 2.2082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0089 SAR (High: 2.2082 / Low: 2.1993). On the other end, May was the most stable month, with a tight range of 0.0004 SAR (High: 2.2064 / Low: 2.2059).

March Spread (Volatile) ±0.0089

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2098) against the same month in 2023 (average: 2.2065), the exchange rate shifted by +0.0033 (+0.15%).

2024 Avg (December) 2.2098

2023 Avg (December) 2.2065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2065	2.1989	2.2055
February	2.2063	2.2052	2.2060
March	2.2082	2.1993	2.2054
April	2.2067	2.1997	2.2059
May	2.2064	2.2059	2.2062
June	2.2072	2.2043	2.2064
July	2.2070	2.2063	2.2065
August	2.2086	2.2020	2.2073
September	2.2084	2.2056	2.2072
October	2.2099	2.2070	2.2090
November	2.2103	2.2080	2.2092
December	2.2110	2.2078	2.2098