2024 HKD to SAR Historical Review

YEARLY HIGH

0.4839 SAR

YEARLY LOW

0.4781 SAR

YEARLY AVERAGE

0.4809 SAR

2024 HKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4839. Conversely, the yearly low was recorded on April 14, dropping to 0.4781.

This high-to-low spread represents a total annual volatility of 0.0058 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4798 to the December average rate of 0.4832, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4839 was up 0.39% compared to the 2023 peak of 0.4820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 12,098 SAR

2023 Average 11,980 SAR

Yearly Trough Low 11,953 SAR

Transaction Impact: A difference of 145.13 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4838

0.4785

JanuMarcMayJulySeptNove

HKD 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 0.4797, compared to 0.4821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.4797

H2 Avg (Jul–Dec) 0.4821

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0024 SAR (High: 0.4820 / Low: 0.4796). On the other end, July was the most stable month, with a tight range of 0.0006 SAR (High: 0.4806 / Low: 0.4800).

August Spread (Volatile) ±0.0024

July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4832) against the same month in 2023 (average: 0.4803), the exchange rate shifted by +0.0029 (+0.61%).

2024 Avg (December) 0.4832

2023 Avg (December) 0.4803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4804	0.4792	0.4798
February	0.4797	0.4790	0.4795
March	0.4797	0.4786	0.4794
April	0.4794	0.4781	0.4790
May	0.4809	0.4794	0.4801
June	0.4807	0.4792	0.4803
July	0.4806	0.4800	0.4803
August	0.4820	0.4796	0.4813
September	0.4826	0.4809	0.4816
October	0.4837	0.4827	0.4833
November	0.4834	0.4821	0.4827
December	0.4839	0.4827	0.4832