2024 KRW to SAR Historical Review

YEARLY HIGH

0.0029 SAR

YEARLY LOW

0.0025 SAR

YEARLY AVERAGE

0.0028 SAR

2024 KRW to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 31, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0004 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0026, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 4.62% compared to the 2023 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,641 SAR

2023 Average 14,368 SAR

Yearly Trough Low 12,705 SAR

Transaction Impact: A difference of 1,936.58 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0029

0.0026

JanuMarcMayJulySeptNove

KRW 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 0.0028, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0002 SAR (High: 0.0027 / Low: 0.0025). On the other end, February was the most stable month, with a tight range of 0.0000 SAR (High: 0.0028 / Low: 0.0028).

December Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0028) against the same month in 2023 (average: 0.0030), the exchange rate shifted by -0.0002 (-6.35%).

2024 Avg (January) 0.0028

2023 Avg (January) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0029	0.0028	0.0028
February	0.0028	0.0028	0.0028
March	0.0029	0.0028	0.0028
April	0.0028	0.0027	0.0027
May	0.0028	0.0027	0.0028
June	0.0027	0.0027	0.0027
July	0.0027	0.0027	0.0027
August	0.0028	0.0027	0.0028
September	0.0029	0.0028	0.0028
October	0.0028	0.0027	0.0028
November	0.0027	0.0027	0.0027
December	0.0027	0.0025	0.0026