YEARLY HIGH
5952.3466 STD
YEARLY LOW
5928.0035 STD
YEARLY AVERAGE
5938.3466 STD

2024 SAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 5952.3466. Conversely, the yearly low was recorded on December 14, dropping to 5928.0035.

This high-to-low spread represents a total annual volatility of 24.3431 STD. From a start-to-finish perspective, comparing the January average rate of 5941.5059 to the December average rate of 5931.3571, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5952.3466 was down 2.26% compared to the 2023 peak of 6090.1262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,761,733 STD
2023 Average 30,108,247 STD
Yearly Trough Low 29,640,017 STD
Transaction Impact: A difference of 121,715.75 STD purely based on transaction execution date.

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5942.5207
5930.3422
JanuMarcMayJulySeptNove

SAR to STD 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 5941.0285, compared to 5935.6647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3638 points.

H1 Avg (Jan–Jun) 5941.0285
H2 Avg (Jul–Dec) 5935.6647

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 17.8272 STD (High: 5952.3466 / Low: 5934.5194). On the other end, May was the most stable month, with a tight range of 1.2087 STD (High: 5941.7357 / Low: 5940.5270).

August Spread (Volatile) Âą17.8272
May Spread (Stable) Âą1.2087

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.6645 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.6645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 5938.0686) against the same month in 2023 (average: 5940.0529), the exchange rate shifted by -1.9842 (-0.03%).

2024 Avg (August) 5938.0686
2023 Avg (August) 5940.0529

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Month High Low Average
January 5943.7898 5940.0899 5941.5059
February 5943.7423 5940.5888 5941.4958
March 5948.7043 5934.3645 5941.2255
April 5945.9533 5939.5927 5940.6060
May 5941.7357 5940.5270 5941.0184
June 5945.9723 5938.3627 5940.3196
July 5940.7741 5938.9231 5940.0828
August 5952.3466 5934.5194 5938.0686
September 5942.5740 5934.9541 5938.1333
October 5938.7901 5930.9305 5933.4688
November 5936.0024 5929.8745 5932.8778
December 5936.5290 5928.0035 5931.3571