YEARLY HIGH
0.0449 SAR
YEARLY LOW
0.0330 SAR
YEARLY AVERAGE
0.0405 SAR

2024 RUB to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0449. Conversely, the yearly low was recorded on December 31, dropping to 0.0330.

This high-to-low spread represents a total annual volatility of 0.0119 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0420 to the December average rate of 0.0362, the exchange rate registered a net change of -13.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0449 was down 21.05% compared to the 2023 peak of 0.0569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 SAR
2023 Average 222 SAR
Yearly Trough Low 165 SAR
Transaction Impact: A difference of 59.52 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0436
0.0356
JanuMarcMayJulySeptNove

RUB 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 0.0413, compared to 0.0398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0413
H2 Avg (Jul–Dec) 0.0398

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0059 SAR (High: 0.0391 / Low: 0.0332). On the other end, April was the most stable month, with a tight range of 0.0009 SAR (High: 0.0407 / Low: 0.0398).

November Spread (Volatile) ±0.0059
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and July, 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 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0426) against the same month in 2023 (average: 0.0450), the exchange rate shifted by -0.0024 (-5.39%).

2024 Avg (June) 0.0426
2023 Avg (June) 0.0450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0428 0.0408 0.0420
February 0.0414 0.0396 0.0408
March 0.0414 0.0404 0.0408
April 0.0407 0.0398 0.0403
May 0.0423 0.0401 0.0412
June 0.0449 0.0414 0.0426
July 0.0441 0.0421 0.0430
August 0.0442 0.0408 0.0422
September 0.0429 0.0398 0.0411
October 0.0397 0.0385 0.0390
November 0.0391 0.0332 0.0373
December 0.0380 0.0330 0.0362