2024 BWP to SAR Historical Review

YEARLY HIGH

0.2882 SAR

YEARLY LOW

0.2641 SAR

YEARLY AVERAGE

0.2768 SAR

2024 BWP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2882. Conversely, the yearly low was recorded on May 1, dropping to 0.2641.

This high-to-low spread represents a total annual volatility of 0.0241 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2762 to the December average rate of 0.2739, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2882 was down 3.09% compared to the 2023 peak of 0.2973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,441 SAR

2023 Average 1,405 SAR

Yearly Trough Low 1,320 SAR

Transaction Impact: A difference of 120.43 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2844

0.2717

JanuMarcMayJulySeptNove

BWP 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 0.2747, compared to 0.2789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.2747

H2 Avg (Jul–Dec) 0.2789

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0142 SAR (High: 0.2782 / Low: 0.2641). On the other end, March was the most stable month, with a tight range of 0.0049 SAR (High: 0.2772 / Low: 0.2724).

May Spread (Volatile) ±0.0142

March Spread (Stable) ±0.0049

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 0.0047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2834) against the same month in 2023 (average: 0.2748), the exchange rate shifted by +0.0085 (+3.11%).

2024 Avg (September) 0.2834

2023 Avg (September) 0.2748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2806	0.2735	0.2762
February	0.2769	0.2718	0.2736
March	0.2772	0.2724	0.2745
April	0.2766	0.2641	0.2728
May	0.2782	0.2641	0.2757
June	0.2784	0.2711	0.2753
July	0.2793	0.2742	0.2769
August	0.2831	0.2759	0.2798
September	0.2882	0.2798	0.2834
October	0.2876	0.2797	0.2821
November	0.2829	0.2737	0.2774
December	0.2781	0.2689	0.2739