2024 PEN to SAR Historical Review

YEARLY HIGH

1.0217 SAR

YEARLY LOW

0.9667 SAR

YEARLY AVERAGE

0.9999 SAR

2024 PEN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 1.0217. Conversely, the yearly low was recorded on February 14, dropping to 0.9667.

This high-to-low spread represents a total annual volatility of 0.0550 SAR. From a start-to-finish perspective, comparing the January average rate of 1.0052 to the December average rate of 1.0067, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0217 was down 3.09% compared to the 2023 peak of 1.0544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,109 SAR

2023 Average 5,018 SAR

Yearly Trough Low 4,834 SAR

Transaction Impact: A difference of 275.03 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0126

0.9765

JanuMarcMayJulySeptNove

PEN 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 1.0001, compared to 0.9997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.0001

H2 Avg (Jul–Dec) 0.9997

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0343 SAR (High: 1.0101 / Low: 0.9757). On the other end, August was the most stable month, with a tight range of 0.0131 SAR (High: 1.0121 / Low: 0.9990).

July Spread (Volatile) ±0.0343

August Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.0256 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.0095) against the same month in 2023 (average: 0.9985), the exchange rate shifted by +0.0110 (+1.11%).

2024 Avg (April) 1.0095

2023 Avg (April) 0.9985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0162	0.9834	1.0052
February	0.9920	0.9667	0.9795
March	1.0215	0.9909	1.0096
April	1.0217	0.9955	1.0095
May	1.0171	0.9965	1.0052
June	1.0056	0.9783	0.9916
July	1.0101	0.9757	0.9967
August	1.0121	0.9990	1.0047
September	1.0095	0.9828	0.9955
October	1.0123	0.9952	1.0012
November	1.0050	0.9861	0.9934
December	1.0131	0.9996	1.0067