YEARLY HIGH
0.0085 SAR
YEARLY LOW
0.0071 SAR
YEARLY AVERAGE
0.0080 SAR

2024 KZT to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.0085. Conversely, the yearly low was recorded on December 4, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0014 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0072, the exchange rate registered a net change of -13.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0085 was down 1.89% compared to the 2023 peak of 0.0087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 SAR
2023 Average 41 SAR
Yearly Trough Low 36 SAR
Transaction Impact: A difference of 6.97 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0086
0.0071
JanuMarcMayJulySeptNove

KZT 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 0.0083, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0005 SAR (High: 0.0084 / Low: 0.0079). On the other end, September was the most stable month, with a tight range of 0.0001 SAR (High: 0.0079 / Low: 0.0078).

June Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0085) against the same month in 2023 (average: 0.0084), the exchange rate shifted by +0.0001 (+0.88%).

2024 Avg (May) 0.0085
2023 Avg (May) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0084 0.0082 0.0083
February 0.0084 0.0082 0.0083
March 0.0084 0.0083 0.0083
April 0.0085 0.0084 0.0084
May 0.0085 0.0084 0.0085
June 0.0084 0.0079 0.0082
July 0.0079 0.0078 0.0079
August 0.0080 0.0078 0.0078
September 0.0079 0.0078 0.0078
October 0.0078 0.0076 0.0077
November 0.0077 0.0073 0.0076
December 0.0074 0.0071 0.0072