YEARLY HIGH
0.0075 SAR
YEARLY LOW
0.0070 SAR
YEARLY AVERAGE
0.0073 SAR

2024 CRC to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0075. Conversely, the yearly low was recorded on July 9, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0005 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0074, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0075 was up 4.33% compared to the 2023 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 SAR
2023 Average 35 SAR
Yearly Trough Low 35 SAR
Transaction Impact: A difference of 2.60 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0075
0.0071
JanuMarcMayJulySeptNove

CRC 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 0.0073, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0073
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0002 SAR (High: 0.0072 / Low: 0.0070). On the other end, November was the most stable month, with a tight range of 0.0001 SAR (High: 0.0074 / Low: 0.0073).

July Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0074) against the same month in 2023 (average: 0.0070), the exchange rate shifted by +0.0004 (+6.25%).

2024 Avg (April) 0.0074
2023 Avg (April) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0072 0.0073
February 0.0073 0.0072 0.0073
March 0.0075 0.0073 0.0074
April 0.0075 0.0074 0.0074
May 0.0074 0.0072 0.0073
June 0.0072 0.0070 0.0071
July 0.0072 0.0070 0.0071
August 0.0073 0.0071 0.0072
September 0.0073 0.0071 0.0072
October 0.0073 0.0072 0.0073
November 0.0074 0.0073 0.0074
December 0.0075 0.0074 0.0074