2024 BND to SAR Historical Review

YEARLY HIGH

2.9284 SAR

YEARLY LOW

2.7476 SAR

YEARLY AVERAGE

2.8087 SAR

2024 BND to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.9284. Conversely, the yearly low was recorded on April 28, dropping to 2.7476.

This high-to-low spread represents a total annual volatility of 0.1808 SAR. From a start-to-finish perspective, comparing the January average rate of 2.8091 to the December average rate of 2.7827, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9284 was up 1.94% compared to the 2023 peak of 2.8728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,642 SAR

2023 Average 13,974 SAR

Yearly Trough Low 13,738 SAR

Transaction Impact: A difference of 904.10 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9073

2.7530

JanuMarcMayJulySeptNove

BND 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 2.7853, compared to 2.8321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0468 points.

H1 Avg (Jan–Jun) 2.7853

H2 Avg (Jul–Dec) 2.8321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0833 SAR (High: 2.9163 / Low: 2.8330). On the other end, June was the most stable month, with a tight range of 0.0244 SAR (High: 2.7881 / Low: 2.7637).

October Spread (Volatile) ±0.0833

June Spread (Stable) ±0.0244

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 0.0554 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.8944) against the same month in 2023 (average: 2.7531), the exchange rate shifted by +0.1413 (+5.13%).

2024 Avg (September) 2.8944

2023 Avg (September) 2.7531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8343	2.7906	2.8091
February	2.8078	2.7785	2.7890
March	2.8199	2.7759	2.7977
April	2.7869	2.7476	2.7658
May	2.7975	2.7483	2.7756
June	2.7881	2.7637	2.7744
July	2.8013	2.7610	2.7863
August	2.8892	2.8068	2.8522
September	2.9284	2.8660	2.8944
October	2.9163	2.8330	2.8662
November	2.8533	2.7824	2.8107
December	2.8093	2.7555	2.7827