2024 ISK to SAR Historical Review

YEARLY HIGH

0.0278 SAR

YEARLY LOW

0.0264 SAR

YEARLY AVERAGE

0.0272 SAR

2024 ISK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0278. Conversely, the yearly low was recorded on April 16, dropping to 0.0264.

This high-to-low spread represents a total annual volatility of 0.0014 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0274 to the December average rate of 0.0271, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0278 was down 3.31% compared to the 2023 peak of 0.0288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139 SAR

2023 Average 136 SAR

Yearly Trough Low 132 SAR

Transaction Impact: A difference of 7.05 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0275

0.0267

JanuMarcMayJulySeptNove

ISK 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 0.0271, compared to 0.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0271

H2 Avg (Jul–Dec) 0.0273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0008 SAR (High: 0.0278 / Low: 0.0269). On the other end, July was the most stable month, with a tight range of 0.0004 SAR (High: 0.0274 / Low: 0.0270).

March Spread (Volatile) ±0.0008

July Spread (Stable) ±0.0004

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 March and April, 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 (September 2024: 0.0274) against the same month in 2023 (average: 0.0277), the exchange rate shifted by -0.0003 (-1.13%).

2024 Avg (September) 0.0274

2023 Avg (September) 0.0277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0278	0.0272	0.0274
February	0.0275	0.0270	0.0272
March	0.0278	0.0269	0.0273
April	0.0271	0.0264	0.0267
May	0.0273	0.0268	0.0270
June	0.0274	0.0269	0.0270
July	0.0274	0.0270	0.0272
August	0.0275	0.0270	0.0272
September	0.0278	0.0270	0.0274
October	0.0278	0.0272	0.0274
November	0.0276	0.0269	0.0272
December	0.0273	0.0269	0.0271