2024 CNY to SAR Historical Review

YEARLY HIGH

0.5351 SAR

YEARLY LOW

0.5144 SAR

YEARLY AVERAGE

0.5228 SAR

2024 CNY to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.5351. Conversely, the yearly low was recorded on December 25, dropping to 0.5144.

This high-to-low spread represents a total annual volatility of 0.0207 SAR. From a start-to-finish perspective, comparing the January average rate of 0.5274 to the December average rate of 0.5159, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5351 was down 4.51% compared to the 2023 peak of 0.5604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 13,377 SAR

2023 Average 13,267 SAR

Yearly Trough Low 12,860 SAR

Transaction Impact: A difference of 516.77 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5319

0.5145

JanuMarcMayJulySeptNove

CNY 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 0.5224, compared to 0.5232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.5224

H2 Avg (Jul–Dec) 0.5232

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0125 SAR (High: 0.5303 / Low: 0.5178). On the other end, December was the most stable month, with a tight range of 0.0043 SAR (High: 0.5187 / Low: 0.5144).

May Spread (Volatile) ±0.0125

December Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5304) against the same month in 2023 (average: 0.5143), the exchange rate shifted by +0.0161 (+3.14%).

2024 Avg (September) 0.5304

2023 Avg (September) 0.5143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5298	0.5213	0.5274
February	0.5281	0.5210	0.5239
March	0.5259	0.5188	0.5211
April	0.5289	0.5174	0.5189
May	0.5303	0.5178	0.5234
June	0.5285	0.5160	0.5198
July	0.5254	0.5155	0.5169
August	0.5291	0.5180	0.5251
September	0.5351	0.5268	0.5304
October	0.5350	0.5267	0.5297
November	0.5291	0.5182	0.5212
December	0.5187	0.5144	0.5159