YEARLY HIGH
0.2175 SAR
YEARLY LOW
0.2035 SAR
YEARLY AVERAGE
0.2116 SAR

2024 MDL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.2175. Conversely, the yearly low was recorded on December 28, dropping to 0.2035.

This high-to-low spread represents a total annual volatility of 0.0140 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2128 to the December average rate of 0.2051, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2175 was up 0.29% compared to the 2023 peak of 0.2169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,088 SAR
2023 Average 1,037 SAR
Yearly Trough Low 1,017 SAR
Transaction Impact: A difference of 70.15 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2170
0.2040
JanuMarcMayJulySeptNove

MDL 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 0.2119, compared to 0.2113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2119
H2 Avg (Jul–Dec) 0.2113

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0072 SAR (High: 0.2160 / Low: 0.2088). On the other end, February was the most stable month, with a tight range of 0.0021 SAR (High: 0.2117 / Low: 0.2095).

October Spread (Volatile) ±0.0072
February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2146) against the same month in 2023 (average: 0.2122), the exchange rate shifted by +0.0024 (+1.14%).

2024 Avg (August) 0.2146
2023 Avg (August) 0.2122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2168 0.2112 0.2128
February 0.2117 0.2095 0.2107
March 0.2138 0.2112 0.2125
April 0.2134 0.2095 0.2116
May 0.2133 0.2111 0.2124
June 0.2140 0.2096 0.2117
July 0.2135 0.2105 0.2119
August 0.2175 0.2117 0.2146
September 0.2172 0.2145 0.2159
October 0.2160 0.2088 0.2124
November 0.2114 0.2054 0.2081
December 0.2062 0.2035 0.2051