2024 GHS to SAR Historical Review

YEARLY HIGH

0.3151 SAR

YEARLY LOW

0.2279 SAR

YEARLY AVERAGE

0.2617 SAR

2024 GHS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3151. Conversely, the yearly low was recorded on November 10, dropping to 0.2279.

This high-to-low spread represents a total annual volatility of 0.0872 SAR. From a start-to-finish perspective, comparing the January average rate of 0.3114 to the December average rate of 0.2541, the exchange rate registered a net change of -18.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3151 was down 30.07% compared to the 2023 peak of 0.4506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,575 SAR

2023 Average 1,609 SAR

Yearly Trough Low 1,140 SAR

Transaction Impact: A difference of 435.80 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3191

0.2265

JanuMarcMayJulySeptNove

GHS 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 0.2825, compared to 0.2409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 0.2825

H2 Avg (Jul–Dec) 0.2409

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0207 SAR (High: 0.2741 / Low: 0.2534). On the other end, September was the most stable month, with a tight range of 0.0028 SAR (High: 0.2403 / Low: 0.2376).

May Spread (Volatile) ±0.0207

September Spread (Stable) ±0.0028

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 April and May, when the average rate fell by 0.0149 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3114) against the same month in 2023 (average: 0.3313), the exchange rate shifted by -0.0199 (-6.01%).

2024 Avg (January) 0.3114

2023 Avg (January) 0.3313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3151	0.3036	0.3114
February	0.3034	0.2964	0.3010
March	0.2963	0.2833	0.2900
April	0.2832	0.2745	0.2791
May	0.2741	0.2534	0.2641
June	0.2545	0.2459	0.2494
July	0.2452	0.2413	0.2431
August	0.2425	0.2389	0.2405
September	0.2403	0.2376	0.2390
October	0.2373	0.2303	0.2345
November	0.2452	0.2279	0.2343
December	0.2566	0.2446	0.2541