2024 BBD to SAR Historical Review

YEARLY HIGH

1.8794 SAR

YEARLY LOW

1.8717 SAR

YEARLY AVERAGE

1.8761 SAR

2024 BBD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.8794. Conversely, the yearly low was recorded on August 4, dropping to 1.8717.

This high-to-low spread represents a total annual volatility of 0.0077 SAR. From a start-to-finish perspective, comparing the January average rate of 1.8751 to the December average rate of 1.8783, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8794 was down 0.07% compared to the 2023 peak of 1.8807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,397 SAR

2023 Average 9,379 SAR

Yearly Trough Low 9,358 SAR

Transaction Impact: A difference of 38.43 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8786

1.8748

JanuMarcMayJulySeptNove

BBD 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 1.8752, compared to 1.8769 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) 1.8752

H2 Avg (Jul–Dec) 1.8769

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0056 SAR (High: 1.8773 / Low: 1.8717). On the other end, May was the most stable month, with a tight range of 0.0004 SAR (High: 1.8754 / Low: 1.8750).

August Spread (Volatile) ±0.0056

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.8783) against the same month in 2023 (average: 1.8755), the exchange rate shifted by +0.0028 (+0.15%).

2024 Avg (December) 1.8783

2023 Avg (December) 1.8755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8755	1.8744	1.8751
February	1.8754	1.8744	1.8751
March	1.8774	1.8728	1.8752
April	1.8757	1.8737	1.8754
May	1.8754	1.8750	1.8753
June	1.8761	1.8737	1.8755
July	1.8759	1.8753	1.8755
August	1.8773	1.8717	1.8762
September	1.8772	1.8748	1.8762
October	1.8784	1.8760	1.8776
November	1.8788	1.8768	1.8778
December	1.8794	1.8767	1.8783