YEARLY HIGH
0.0453 SAR
YEARLY LOW
0.0438 SAR
YEARLY AVERAGE
0.0448 SAR

2024 INR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0453. Conversely, the yearly low was recorded on December 30, dropping to 0.0438.

This high-to-low spread represents a total annual volatility of 0.0015 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0451 to the December average rate of 0.0442, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0453 was down 2.26% compared to the 2023 peak of 0.0464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 11,335 SAR
2023 Average 11,359 SAR
Yearly Trough Low 10,948 SAR
Transaction Impact: A difference of 386.88 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0453
0.0441
JanuMarcMayJulySeptNove

INR 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 0.0451, compared to 0.0446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0451
H2 Avg (Jul–Dec) 0.0446

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0006 SAR (High: 0.0444 / Low: 0.0438). On the other end, February was the most stable month, with a tight range of 0.0001 SAR (High: 0.0453 / Low: 0.0451).

December Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0452) against the same month in 2023 (average: 0.0457), the exchange rate shifted by -0.0005 (-1.11%).

2024 Avg (March) 0.0452
2023 Avg (March) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0453 0.0450 0.0451
February 0.0453 0.0451 0.0452
March 0.0453 0.0448 0.0452
April 0.0451 0.0448 0.0450
May 0.0452 0.0449 0.0450
June 0.0451 0.0448 0.0449
July 0.0450 0.0448 0.0449
August 0.0448 0.0447 0.0447
September 0.0449 0.0447 0.0448
October 0.0447 0.0446 0.0447
November 0.0447 0.0444 0.0445
December 0.0444 0.0438 0.0442