2024 NPR to SAR Historical Review

YEARLY HIGH

0.0285 SAR

YEARLY LOW

0.0274 SAR

YEARLY AVERAGE

0.0280 SAR

2024 NPR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0285. Conversely, the yearly low was recorded on December 29, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0011 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0276, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0285 was down 2.00% compared to the 2023 peak of 0.0290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 SAR

2023 Average 142 SAR

Yearly Trough Low 137 SAR

Transaction Impact: A difference of 5.29 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0283

0.0276

JanuMarcMayJulySeptNove

NPR 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 0.0282, compared to 0.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0282

H2 Avg (Jul–Dec) 0.0279

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0004 SAR (High: 0.0283 / Low: 0.0279). On the other end, October was the most stable month, with a tight range of 0.0001 SAR (High: 0.0280 / Low: 0.0279).

January Spread (Volatile) ±0.0004

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0282) against the same month in 2023 (average: 0.0285), the exchange rate shifted by -0.0003 (-1.05%).

2024 Avg (March) 0.0282

2023 Avg (March) 0.0285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0283	0.0279	0.0282
February	0.0283	0.0280	0.0282
March	0.0285	0.0281	0.0282
April	0.0282	0.0281	0.0281
May	0.0283	0.0279	0.0281
June	0.0282	0.0279	0.0281
July	0.0281	0.0280	0.0281
August	0.0282	0.0279	0.0280
September	0.0281	0.0279	0.0280
October	0.0280	0.0279	0.0279
November	0.0279	0.0277	0.0278
December	0.0278	0.0274	0.0276