YEARLY HIGH
0.9867 SAR
YEARLY LOW
0.8139 SAR
YEARLY AVERAGE
0.9427 SAR

2024 PLN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.9867. Conversely, the yearly low was recorded on January 1, dropping to 0.8139.

This high-to-low spread represents a total annual volatility of 0.1728 SAR. From a start-to-finish perspective, comparing the January average rate of 0.9336 to the December average rate of 0.9215, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9867 was up 2.36% compared to the 2023 peak of 0.9640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,735 SAR
2023 Average 17,898 SAR
Yearly Trough Low 16,278 SAR
Transaction Impact: A difference of 3,456.30 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9800
0.9159
JanuMarcMayJulySeptNove

PLN 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 0.9386, compared to 0.9468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.9386
H2 Avg (Jul–Dec) 0.9468

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1349 SAR (High: 0.9488 / Low: 0.8139). On the other end, February was the most stable month, with a tight range of 0.0191 SAR (High: 0.9447 / Low: 0.9256).

January Spread (Volatile) ±0.1349
February Spread (Stable) ±0.0191

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 September and October, when the average rate fell by 0.0267 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9747) against the same month in 2023 (average: 0.8706), the exchange rate shifted by +0.1041 (+11.95%).

2024 Avg (September) 0.9747
2023 Avg (September) 0.8706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9488 0.8139 0.9336
February 0.9447 0.9256 0.9360
March 0.9590 0.9368 0.9464
April 0.9564 0.9123 0.9345
May 0.9581 0.9288 0.9469
June 0.9573 0.9167 0.9341
July 0.9617 0.9330 0.9510
August 0.9861 0.9408 0.9642
September 0.9867 0.9634 0.9747
October 0.9680 0.9315 0.9480
November 0.9430 0.9017 0.9213
December 0.9322 0.9087 0.9215