2024 JMD to SAR Historical Review

YEARLY HIGH

0.0245 SAR

YEARLY LOW

0.0235 SAR

YEARLY AVERAGE

0.0240 SAR

2024 JMD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0245. Conversely, the yearly low was recorded on November 10, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0010 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0242 to the December average rate of 0.0240, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0245 was down 2.32% compared to the 2023 peak of 0.0251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123 SAR

2023 Average 122 SAR

Yearly Trough Low 118 SAR

Transaction Impact: A difference of 4.97 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0243

0.0236

JanuMarcMayJulySeptNove

JMD 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 0.0241, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0241

H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0006 SAR (High: 0.0245 / Low: 0.0240). On the other end, July was the most stable month, with a tight range of 0.0002 SAR (High: 0.0241 / Low: 0.0239).

April Spread (Volatile) ±0.0006

July Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0242) against the same month in 2023 (average: 0.0247), the exchange rate shifted by -0.0005 (-1.90%).

2024 Avg (April) 0.0242

2023 Avg (April) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0244	0.0241	0.0242
February	0.0242	0.0238	0.0240
March	0.0245	0.0241	0.0243
April	0.0245	0.0240	0.0242
May	0.0242	0.0239	0.0240
June	0.0242	0.0240	0.0241
July	0.0241	0.0239	0.0240
August	0.0241	0.0238	0.0239
September	0.0241	0.0238	0.0239
October	0.0239	0.0236	0.0237
November	0.0239	0.0235	0.0237
December	0.0242	0.0239	0.0240