YEARLY HIGH
4.4592 SAR
YEARLY LOW
4.0782 SAR
YEARLY AVERAGE
4.2632 SAR

2024 CHF to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 4.4592. Conversely, the yearly low was recorded on April 30, dropping to 4.0782.

This high-to-low spread represents a total annual volatility of 0.3809 SAR. From a start-to-finish perspective, comparing the January average rate of 4.3702 to the December average rate of 4.2120, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.4592 was down 0.04% compared to the 2023 peak of 4.4612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,296 SAR
2023 Average 20,890 SAR
Yearly Trough Low 20,391 SAR
Transaction Impact: A difference of 1,904.67 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.4609
4.0905
JanuMarcMayJulySeptNove

CHF 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 4.2180, compared to 4.3083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0903 points.

H1 Avg (Jan–Jun) 4.2180
H2 Avg (Jul–Dec) 4.3083

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1592 SAR (High: 4.4579 / Low: 4.2986). On the other end, September was the most stable month, with a tight range of 0.0580 SAR (High: 4.4592 / Low: 4.4012).

August Spread (Volatile) ±0.1592
September Spread (Stable) ±0.0580

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0986 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0986

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 4.4301) against the same month in 2023 (average: 4.1722), the exchange rate shifted by +0.2579 (+6.18%).

2024 Avg (September) 4.4301
2023 Avg (September) 4.1722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4541 4.3122 4.3702
February 4.3726 4.2258 4.2767
March 4.2751 4.1415 4.2200
April 4.1604 4.0782 4.1214
May 4.1639 4.0933 4.1258
June 4.2430 4.1553 4.1941
July 4.2719 4.1510 4.2065
August 4.4579 4.2986 4.3762
September 4.4592 4.4012 4.4301
October 4.4336 4.3232 4.3599
November 4.3556 4.2008 4.2653
December 4.2768 4.1383 4.2120