2024 SAR to AED Historical Review

YEARLY HIGH

0.9812 AED

YEARLY LOW

0.9772 AED

YEARLY AVERAGE

0.9789 AED

2024 SAR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.9812. Conversely, the yearly low was recorded on December 14, dropping to 0.9772.

This high-to-low spread represents a total annual volatility of 0.0040 AED. From a start-to-finish perspective, comparing the January average rate of 0.9794 to the December average rate of 0.9777, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9812 was down 0.13% compared to the 2023 peak of 0.9825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,906 AED

2023 Average 4,895 AED

Yearly Trough Low 4,886 AED

Transaction Impact: A difference of 20.06 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9796

0.9776

JanuMarcMayJulySeptNove

SAR to AED 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 0.9793, compared to 0.9785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.9793

H2 Avg (Jul–Dec) 0.9785

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0029 AED (High: 0.9812 / Low: 0.9783). On the other end, May was the most stable month, with a tight range of 0.0002 AED (High: 0.9795 / Low: 0.9792).

August Spread (Volatile) ±0.0029

May Spread (Stable) ±0.0002

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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9788) against the same month in 2023 (average: 0.9792), the exchange rate shifted by -0.0003 (-0.04%).

2024 Avg (August) 0.9788

2023 Avg (August) 0.9792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9797	0.9792	0.9794
February	0.9798	0.9793	0.9794
March	0.9804	0.9781	0.9793
April	0.9800	0.9789	0.9792
May	0.9795	0.9792	0.9793
June	0.9801	0.9789	0.9792
July	0.9793	0.9790	0.9792
August	0.9812	0.9783	0.9788
September	0.9796	0.9783	0.9789
October	0.9790	0.9777	0.9781
November	0.9785	0.9775	0.9780
December	0.9786	0.9772	0.9777