2024 DOP to SAR Historical Review

YEARLY HIGH

0.0647 SAR

YEARLY LOW

0.0615 SAR

YEARLY AVERAGE

0.0631 SAR

2024 DOP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0647. Conversely, the yearly low was recorded on December 31, dropping to 0.0615.

This high-to-low spread represents a total annual volatility of 0.0033 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0640 to the December average rate of 0.0619, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0647 was down 6.83% compared to the 2023 peak of 0.0695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 324 SAR

2023 Average 335 SAR

Yearly Trough Low 307 SAR

Transaction Impact: A difference of 16.26 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0644

0.0617

JanuMarcMayJulySeptNove

DOP 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 0.0637, compared to 0.0625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0637

H2 Avg (Jul–Dec) 0.0625

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0014 SAR (High: 0.0647 / Low: 0.0633). On the other end, July was the most stable month, with a tight range of 0.0004 SAR (High: 0.0636 / Low: 0.0632).

May Spread (Volatile) ±0.0014

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0641) against the same month in 2023 (average: 0.0688), the exchange rate shifted by -0.0046 (-6.73%).

2024 Avg (May) 0.0641

2023 Avg (May) 0.0688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0647	0.0636	0.0640
February	0.0641	0.0636	0.0639
March	0.0640	0.0632	0.0636
April	0.0641	0.0631	0.0635
May	0.0647	0.0633	0.0641
June	0.0637	0.0626	0.0633
July	0.0636	0.0632	0.0634
August	0.0637	0.0626	0.0630
September	0.0629	0.0621	0.0625
October	0.0624	0.0620	0.0622
November	0.0625	0.0620	0.0622
December	0.0623	0.0615	0.0619