2024 PGK to SAR Historical Review

YEARLY HIGH

1.0139 SAR

YEARLY LOW

0.9246 SAR

YEARLY AVERAGE

0.9646 SAR

2024 PGK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.0139. Conversely, the yearly low was recorded on December 31, dropping to 0.9246.

This high-to-low spread represents a total annual volatility of 0.0893 SAR. From a start-to-finish perspective, comparing the January average rate of 1.0045 to the December average rate of 0.9292, the exchange rate registered a net change of -7.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0139 was down 6.16% compared to the 2023 peak of 1.0804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,069 SAR

2023 Average 5,211 SAR

Yearly Trough Low 4,623 SAR

Transaction Impact: A difference of 446.32 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0120

0.9217

JanuMarcMayJulySeptNove

PGK 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 0.9833, compared to 0.9458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0375 points.

H1 Avg (Jan–Jun) 0.9833

H2 Avg (Jul–Dec) 0.9458

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0352 SAR (High: 0.9827 / Low: 0.9476). On the other end, May was the most stable month, with a tight range of 0.0102 SAR (High: 0.9729 / Low: 0.9627).

August Spread (Volatile) ±0.0352

May Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0144 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0045) against the same month in 2023 (average: 1.0662), the exchange rate shifted by -0.0617 (-5.79%).

2024 Avg (January) 1.0045

2023 Avg (January) 1.0662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0139	0.9890	1.0045
February	1.0075	0.9840	0.9940
March	1.0054	0.9794	0.9874
April	0.9932	0.9689	0.9815
May	0.9729	0.9627	0.9671
June	0.9769	0.9583	0.9655
July	0.9767	0.9552	0.9621
August	0.9827	0.9476	0.9557
September	0.9596	0.9396	0.9477
October	0.9564	0.9362	0.9460
November	0.9426	0.9271	0.9341
December	0.9418	0.9246	0.9292