2024 KES to SAR Historical Review

YEARLY HIGH

0.0295 SAR

YEARLY LOW

0.0229 SAR

YEARLY AVERAGE

0.0280 SAR

2024 KES to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0295. Conversely, the yearly low was recorded on February 4, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0066 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0290, the exchange rate registered a net change of 23.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0295 was down 3.19% compared to the 2023 peak of 0.0305, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 SAR

2023 Average 135 SAR

Yearly Trough Low 114 SAR

Transaction Impact: A difference of 33.17 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0297

0.0229

JanuMarcMayJulySeptNove

KES 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 0.0269, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0269

H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0034 SAR (High: 0.0263 / Low: 0.0229). On the other end, October was the most stable month, with a tight range of 0.0001 SAR (High: 0.0291 / Low: 0.0290).

February Spread (Volatile) ±0.0034

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0291) against the same month in 2023 (average: 0.0265), the exchange rate shifted by +0.0025 (+9.59%).

2024 Avg (July) 0.0291

2023 Avg (July) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0241	0.0229	0.0235
February	0.0263	0.0229	0.0247
March	0.0284	0.0255	0.0273
April	0.0295	0.0279	0.0286
May	0.0293	0.0278	0.0285
June	0.0292	0.0286	0.0289
July	0.0295	0.0285	0.0291
August	0.0292	0.0289	0.0291
September	0.0292	0.0290	0.0291
October	0.0291	0.0290	0.0291
November	0.0291	0.0289	0.0291
December	0.0292	0.0290	0.0290