2024 BAM to SAR Historical Review

YEARLY HIGH

2.1491 SAR

YEARLY LOW

1.9935 SAR

YEARLY AVERAGE

2.0763 SAR

2024 BAM to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.1491. Conversely, the yearly low was recorded on December 20, dropping to 1.9935.

This high-to-low spread represents a total annual volatility of 0.1555 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0928 to the December average rate of 2.0130, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1491 was down 0.43% compared to the 2023 peak of 2.1583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,745 SAR

2023 Average 10,377 SAR

Yearly Trough Low 9,968 SAR

Transaction Impact: A difference of 777.67 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1437

2.0011

JanuMarcMayJulySeptNove

BAM 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 2.0738, compared to 2.0788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 2.0738

H2 Avg (Jul–Dec) 2.0788

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0947 SAR (High: 2.0944 / Low: 1.9998). On the other end, March was the most stable month, with a tight range of 0.0305 SAR (High: 2.0990 / Low: 2.0685).

November Spread (Volatile) ±0.0947

March Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0503 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.1122) against the same month in 2023 (average: 2.0932), the exchange rate shifted by +0.0190 (+0.91%).

2024 Avg (August) 2.1122

2023 Avg (August) 2.0932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1178	2.0762	2.0928
February	2.0865	2.0535	2.0706
March	2.0990	2.0685	2.0842
April	2.0845	2.0390	2.0584
May	2.0893	2.0462	2.0724
June	2.0887	2.0491	2.0643
July	2.0972	2.0559	2.0812
August	2.1491	2.0710	2.1122
September	2.1468	2.1140	2.1318
October	2.1285	2.0698	2.0925
November	2.0944	1.9998	2.0422
December	2.0330	1.9935	2.0130