YEARLY HIGH
0.4895 SAR
YEARLY LOW
0.4756 SAR
YEARLY AVERAGE
0.4834 SAR

2024 GTQ to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.4895. Conversely, the yearly low was recorded on February 4, dropping to 0.4756.

This high-to-low spread represents a total annual volatility of 0.0138 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4797 to the December average rate of 0.4875, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4895 was up 0.21% compared to the 2023 peak of 0.4884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,447 SAR
2023 Average 2,396 SAR
Yearly Trough Low 2,378 SAR
Transaction Impact: A difference of 69.09 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4883
0.4789
JanuMarcMayJulySeptNove

GTQ 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 0.4814, compared to 0.4854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.4814
H2 Avg (Jul–Dec) 0.4854

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0060 SAR (High: 0.4816 / Low: 0.4756). On the other end, July was the most stable month, with a tight range of 0.0021 SAR (High: 0.4845 / Low: 0.4823).

February Spread (Volatile) ±0.0060
July Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4875) against the same month in 2023 (average: 0.4789), the exchange rate shifted by +0.0086 (+1.79%).

2024 Avg (December) 0.4875
2023 Avg (December) 0.4789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4813 0.4780 0.4797
February 0.4816 0.4756 0.4801
March 0.4830 0.4790 0.4808
April 0.4834 0.4808 0.4821
May 0.4852 0.4820 0.4829
June 0.4845 0.4795 0.4829
July 0.4845 0.4823 0.4834
August 0.4881 0.4828 0.4848
September 0.4866 0.4842 0.4851
October 0.4863 0.4833 0.4853
November 0.4882 0.4831 0.4863
December 0.4895 0.4863 0.4875