YEARLY HIGH
0.0266 SAR
YEARLY LOW
0.0232 SAR
YEARLY AVERAGE
0.0248 SAR

2024 JPY to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0266. Conversely, the yearly low was recorded on July 10, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0034 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0244, the exchange rate registered a net change of -4.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0266 was down 9.26% compared to the 2023 peak of 0.0294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 13,325 SAR
2023 Average 13,380 SAR
Yearly Trough Low 11,605 SAR
Transaction Impact: A difference of 1,719.44 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0265
0.0235
JanuMarcMayJulySeptNove

JPY 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 0.0247, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0247
H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0018 SAR (High: 0.0250 / Low: 0.0232). On the other end, May was the most stable month, with a tight range of 0.0007 SAR (High: 0.0245 / Low: 0.0238).

July Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0007

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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0262) against the same month in 2023 (average: 0.0254), the exchange rate shifted by +0.0009 (+3.37%).

2024 Avg (September) 0.0262
2023 Avg (September) 0.0254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0266 0.0253 0.0257
February 0.0256 0.0249 0.0251
March 0.0256 0.0247 0.0250
April 0.0248 0.0237 0.0244
May 0.0245 0.0238 0.0241
June 0.0242 0.0233 0.0237
July 0.0250 0.0232 0.0238
August 0.0261 0.0251 0.0257
September 0.0266 0.0256 0.0262
October 0.0261 0.0245 0.0251
November 0.0251 0.0240 0.0245
December 0.0251 0.0238 0.0244