2024 GTQ to SAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |