YEARLY HIGH
1.0540 SAR
YEARLY LOW
0.9797 SAR
YEARLY AVERAGE
1.0141 SAR

2024 ILS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1.0540. Conversely, the yearly low was recorded on August 6, dropping to 0.9797.

This high-to-low spread represents a total annual volatility of 0.0743 SAR. From a start-to-finish perspective, comparing the January average rate of 1.0114 to the December average rate of 1.0369, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0540 was down 5.57% compared to the 2023 peak of 1.1162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,270 SAR
2023 Average 5,097 SAR
Yearly Trough Low 4,898 SAR
Transaction Impact: A difference of 371.45 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0408
0.9934
JanuMarcMayJulySeptNove

ILS 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 1.0148, compared to 1.0133 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) 1.0148
H2 Avg (Jul–Dec) 1.0133

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0547 SAR (High: 1.0344 / Low: 0.9797). On the other end, June was the most stable month, with a tight range of 0.0264 SAR (High: 1.0225 / Low: 0.9961).

August Spread (Volatile) ±0.0547
June Spread (Stable) ±0.0264

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0345 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0369) against the same month in 2023 (average: 1.0239), the exchange rate shifted by +0.0130 (+1.27%).

2024 Avg (December) 1.0369
2023 Avg (December) 1.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0409 0.9879 1.0114
February 1.0499 1.0143 1.0292
March 1.0516 1.0153 1.0325
April 1.0200 0.9800 0.9980
May 1.0252 0.9986 1.0132
June 1.0225 0.9961 1.0048
July 1.0382 0.9946 1.0215
August 1.0344 0.9797 1.0085
September 1.0330 0.9913 1.0060
October 1.0146 0.9841 0.9973
November 1.0339 0.9999 1.0097
December 1.0540 1.0193 1.0369