YEARLY HIGH
0.0359 SAR
YEARLY LOW
0.0332 SAR
YEARLY AVERAGE
0.0347 SAR

2024 RSD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0359. Conversely, the yearly low was recorded on December 31, dropping to 0.0332.

This high-to-low spread represents a total annual volatility of 0.0027 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0349 to the December average rate of 0.0336, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0359 was down 0.23% compared to the 2023 peak of 0.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179 SAR
2023 Average 173 SAR
Yearly Trough Low 166 SAR
Transaction Impact: A difference of 13.37 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0358
0.0334
JanuMarcMayJulySeptNove

RSD 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 0.0346, compared to 0.0347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0346
H2 Avg (Jul–Dec) 0.0347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0017 SAR (High: 0.0351 / Low: 0.0334). On the other end, March was the most stable month, with a tight range of 0.0005 SAR (High: 0.0350 / Low: 0.0346).

November Spread (Volatile) ±0.0017
March Spread (Stable) ±0.0005

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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0354) against the same month in 2023 (average: 0.0349), the exchange rate shifted by +0.0005 (+1.30%).

2024 Avg (August) 0.0354
2023 Avg (August) 0.0349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0354 0.0346 0.0349
February 0.0348 0.0343 0.0345
March 0.0350 0.0346 0.0348
April 0.0348 0.0340 0.0343
May 0.0349 0.0342 0.0346
June 0.0349 0.0342 0.0345
July 0.0351 0.0344 0.0348
August 0.0359 0.0346 0.0354
September 0.0359 0.0353 0.0356
October 0.0355 0.0346 0.0350
November 0.0351 0.0334 0.0341
December 0.0340 0.0332 0.0336