YEARLY HIGH
0.0210 SAR
YEARLY LOW
0.0188 SAR
YEARLY AVERAGE
0.0196 SAR

2024 LRD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0210. Conversely, the yearly low was recorded on September 20, dropping to 0.0188.

This high-to-low spread represents a total annual volatility of 0.0022 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0208, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0210 was down 14.09% compared to the 2023 peak of 0.0244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105 SAR
2023 Average 108 SAR
Yearly Trough Low 94 SAR
Transaction Impact: A difference of 11.15 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0210
0.0190
JanuMarcMayJulySeptNove

LRD 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 0.0195, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0195
H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0014 SAR (High: 0.0210 / Low: 0.0196). On the other end, May was the most stable month, with a tight range of 0.0001 SAR (High: 0.0194 / Low: 0.0193).

November Spread (Volatile) ±0.0014
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0208) against the same month in 2023 (average: 0.0199), the exchange rate shifted by +0.0009 (+4.40%).

2024 Avg (December) 0.0208
2023 Avg (December) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0199 0.0197 0.0198
February 0.0197 0.0196 0.0197
March 0.0196 0.0194 0.0195
April 0.0200 0.0194 0.0195
May 0.0194 0.0193 0.0194
June 0.0194 0.0193 0.0193
July 0.0193 0.0192 0.0192
August 0.0193 0.0189 0.0192
September 0.0194 0.0188 0.0192
October 0.0196 0.0194 0.0195
November 0.0210 0.0196 0.0203
December 0.0210 0.0204 0.0208