2024 HRK to SAR Historical Review

YEARLY HIGH

0.5574 SAR

YEARLY LOW

0.5161 SAR

YEARLY AVERAGE

0.5388 SAR

2024 HRK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.5574. Conversely, the yearly low was recorded on December 18, dropping to 0.5161.

This high-to-low spread represents a total annual volatility of 0.0412 SAR. From a start-to-finish perspective, comparing the January average rate of 0.5429 to the December average rate of 0.5221, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5574 was down 0.40% compared to the 2023 peak of 0.5596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,787 SAR

2023 Average 2,693 SAR

Yearly Trough Low 2,581 SAR

Transaction Impact: A difference of 206.24 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5563

0.5190

JanuMarcMayJulySeptNove

HRK 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 0.5381, compared to 0.5395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.5381

H2 Avg (Jul–Dec) 0.5395

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0259 SAR (High: 0.5450 / Low: 0.5191). On the other end, March was the most stable month, with a tight range of 0.0080 SAR (High: 0.5452 / Low: 0.5372).

November Spread (Volatile) ±0.0259

March Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0135 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5489) against the same month in 2023 (average: 0.5430), the exchange rate shifted by +0.0059 (+1.08%).

2024 Avg (August) 0.5489

2023 Avg (August) 0.5430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5493	0.5379	0.5429
February	0.5412	0.5330	0.5372
March	0.5452	0.5372	0.5409
April	0.5407	0.5288	0.5336
May	0.5420	0.5335	0.5382
June	0.5429	0.5316	0.5357
July	0.5446	0.5346	0.5402
August	0.5574	0.5373	0.5489
September	0.5572	0.5484	0.5532
October	0.5510	0.5373	0.5430
November	0.5450	0.5191	0.5295
December	0.5275	0.5161	0.5221