2024 HNL to SAR Historical Review

YEARLY HIGH

0.1526 SAR

YEARLY LOW

0.1476 SAR

YEARLY AVERAGE

0.1509 SAR

2024 HNL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.1526. Conversely, the yearly low was recorded on December 29, dropping to 0.1476.

This high-to-low spread represents a total annual volatility of 0.0050 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1519 to the December average rate of 0.1482, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1526 was down 1.18% compared to the 2023 peak of 0.1545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 763 SAR

2023 Average 761 SAR

Yearly Trough Low 738 SAR

Transaction Impact: A difference of 25.08 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1523

0.1478

JanuMarcMayJulySeptNove

HNL 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 0.1517, compared to 0.1502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1517

H2 Avg (Jul–Dec) 0.1502

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0026 SAR (High: 0.1512 / Low: 0.1486). On the other end, July was the most stable month, with a tight range of 0.0009 SAR (High: 0.1519 / Low: 0.1510).

October Spread (Volatile) ±0.0026

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1514) against the same month in 2023 (average: 0.1524), the exchange rate shifted by -0.0010 (-0.65%).

2024 Avg (August) 0.1514

2023 Avg (August) 0.1524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1526	0.1515	0.1519
February	0.1522	0.1506	0.1517
March	0.1526	0.1511	0.1517
April	0.1524	0.1512	0.1518
May	0.1523	0.1511	0.1516
June	0.1522	0.1496	0.1513
July	0.1519	0.1510	0.1514
August	0.1526	0.1505	0.1514
September	0.1517	0.1505	0.1511
October	0.1512	0.1486	0.1501
November	0.1500	0.1480	0.1491
December	0.1488	0.1476	0.1482