2024 GMD to SAR Historical Review

YEARLY HIGH

0.0558 SAR

YEARLY LOW

0.0521 SAR

YEARLY AVERAGE

0.0546 SAR

2024 GMD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0558. Conversely, the yearly low was recorded on December 24, dropping to 0.0521.

This high-to-low spread represents a total annual volatility of 0.0037 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0523, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0558 was down 11.75% compared to the 2023 peak of 0.0632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279 SAR

2023 Average 302 SAR

Yearly Trough Low 261 SAR

Transaction Impact: A difference of 18.39 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0561

0.0520

JanuMarcMayJulySeptNove

GMD 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 0.0554, compared to 0.0537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0554

H2 Avg (Jul–Dec) 0.0537

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0023 SAR (High: 0.0556 / Low: 0.0533). On the other end, June was the most stable month, with a tight range of 0.0001 SAR (High: 0.0554 / Low: 0.0553).

October Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0557) against the same month in 2023 (average: 0.0606), the exchange rate shifted by -0.0048 (-7.98%).

2024 Avg (January) 0.0557

2023 Avg (January) 0.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0558	0.0556	0.0557
February	0.0558	0.0552	0.0555
March	0.0553	0.0552	0.0552
April	0.0554	0.0552	0.0552
May	0.0554	0.0552	0.0553
June	0.0554	0.0553	0.0554
July	0.0554	0.0540	0.0553
August	0.0544	0.0528	0.0537
September	0.0548	0.0529	0.0539
October	0.0556	0.0533	0.0542
November	0.0532	0.0525	0.0528
December	0.0529	0.0521	0.0523