YEARLY HIGH
0.0447 SAR
YEARLY LOW
0.0418 SAR
YEARLY AVERAGE
0.0431 SAR

2024 KGS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0447. Conversely, the yearly low was recorded on March 24, dropping to 0.0418.

This high-to-low spread represents a total annual volatility of 0.0028 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0420 to the December average rate of 0.0432, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0447 was down 0.13% compared to the 2023 peak of 0.0447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 223 SAR
2023 Average 214 SAR
Yearly Trough Low 209 SAR
Transaction Impact: A difference of 14.14 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0448
0.0417
JanuMarcMayJulySeptNove

KGS 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 0.0423, compared to 0.0439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0423
H2 Avg (Jul–Dec) 0.0439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0012 SAR (High: 0.0446 / Low: 0.0434). On the other end, February was the most stable month, with a tight range of 0.0001 SAR (High: 0.0420 / Low: 0.0419).

July Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0441) against the same month in 2023 (average: 0.0426), the exchange rate shifted by +0.0015 (+3.45%).

2024 Avg (August) 0.0441
2023 Avg (August) 0.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0421 0.0420 0.0420
February 0.0420 0.0419 0.0419
March 0.0420 0.0418 0.0419
April 0.0423 0.0420 0.0421
May 0.0428 0.0423 0.0425
June 0.0434 0.0427 0.0431
July 0.0446 0.0434 0.0441
August 0.0447 0.0438 0.0441
September 0.0446 0.0442 0.0445
October 0.0445 0.0438 0.0440
November 0.0438 0.0433 0.0435
December 0.0433 0.0431 0.0432