2024 KWD to SAR Historical Review

YEARLY HIGH

12.3148 SAR

YEARLY LOW

12.1575 SAR

YEARLY AVERAGE

12.2277 SAR

2024 KWD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 12.3148. Conversely, the yearly low was recorded on April 28, dropping to 12.1575.

This high-to-low spread represents a total annual volatility of 0.1573 SAR. From a start-to-finish perspective, comparing the January average rate of 12.1931 to the December average rate of 12.2078, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.3148 was down 0.75% compared to the 2023 peak of 12.4076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,574 SAR

2023 Average 61,039 SAR

Yearly Trough Low 60,787 SAR

Transaction Impact: A difference of 786.51 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.3050

12.1710

JanuMarcMayJulySeptNove

KWD 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 12.2005, compared to 12.2549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0545 points.

H1 Avg (Jan–Jun) 12.2005

H2 Avg (Jul–Dec) 12.2549

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1050 SAR (High: 12.3011 / Low: 12.1960). On the other end, January was the most stable month, with a tight range of 0.0293 SAR (High: 12.2088 / Low: 12.1795).

November Spread (Volatile) ±0.1050

January Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0377 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 12.2938) against the same month in 2023 (average: 12.1484), the exchange rate shifted by +0.1454 (+1.20%).

2024 Avg (September) 12.2938

2023 Avg (September) 12.1484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2088	12.1795	12.1931
February	12.2231	12.1629	12.1837
March	12.2152	12.1841	12.1990
April	12.2005	12.1575	12.1822
May	12.2368	12.1705	12.2097
June	12.2530	12.2072	12.2350
July	12.2813	12.2401	12.2649
August	12.3100	12.2525	12.2805
September	12.3148	12.2762	12.2938
October	12.2806	12.2424	12.2561
November	12.3011	12.1960	12.2266
December	12.2356	12.1749	12.2078