2024 NAD to SAR Historical Review

YEARLY HIGH

0.2183 SAR

YEARLY LOW

0.1941 SAR

YEARLY AVERAGE

0.2049 SAR

2024 NAD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2183. Conversely, the yearly low was recorded on February 26, dropping to 0.1941.

This high-to-low spread represents a total annual volatility of 0.0242 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1996 to the December average rate of 0.2062, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2183 was down 2.27% compared to the 2023 peak of 0.2234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,092 SAR

2023 Average 1,015 SAR

Yearly Trough Low 970 SAR

Transaction Impact: A difference of 121.25 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2153

0.1961

JanuMarcMayJulySeptNove

NAD 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 0.2004, compared to 0.2094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.2004

H2 Avg (Jul–Dec) 0.2094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0137 SAR (High: 0.2128 / Low: 0.1991). On the other end, October was the most stable month, with a tight range of 0.0052 SAR (High: 0.2170 / Low: 0.2118).

December Spread (Volatile) ±0.0137

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

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

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2130) against the same month in 2023 (average: 0.1977), the exchange rate shifted by +0.0153 (+7.76%).

2024 Avg (September) 0.2130

2023 Avg (September) 0.1977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2025	0.1956	0.1996
February	0.2016	0.1941	0.1977
March	0.2019	0.1961	0.1989
April	0.2027	0.1954	0.1986
May	0.2073	0.2013	0.2040
June	0.2096	0.1970	0.2036
July	0.2090	0.2032	0.2057
August	0.2127	0.2021	0.2081
September	0.2183	0.2088	0.2130
October	0.2170	0.2118	0.2137
November	0.2155	0.2058	0.2095
December	0.2128	0.1991	0.2062