2024 SAR to AZN Historical Review

YEARLY HIGH

0.4548 AZN

YEARLY LOW

0.4523 AZN

YEARLY AVERAGE

0.4531 AZN

2024 SAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4548. Conversely, the yearly low was recorded on December 14, dropping to 0.4523.

This high-to-low spread represents a total annual volatility of 0.0025 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4534 to the December average rate of 0.4525, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4548 was up 0.01% compared to the 2023 peak of 0.4547, 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 2,274 AZN

2023 Average 2,266 AZN

Yearly Trough Low 2,261 AZN

Transaction Impact: A difference of 12.42 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4535

0.4524

JanuMarcMayJulySeptNove

SAR to AZN 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 0.4533, compared to 0.4529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.4533

H2 Avg (Jul–Dec) 0.4529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 AZN (High: 0.4547 / Low: 0.4529). On the other end, May was the most stable month, with a tight range of 0.0001 AZN (High: 0.4533 / Low: 0.4532).

March Spread (Volatile) ±0.0018

May Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4534) against the same month in 2023 (average: 0.4526), the exchange rate shifted by +0.0008 (+0.18%).

2024 Avg (January) 0.4534

2023 Avg (January) 0.4526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4548	0.4532	0.4534
February	0.4535	0.4532	0.4533
March	0.4547	0.4529	0.4534
April	0.4546	0.4532	0.4533
May	0.4533	0.4532	0.4533
June	0.4537	0.4531	0.4532
July	0.4533	0.4531	0.4532
August	0.4541	0.4528	0.4530
September	0.4534	0.4528	0.4531
October	0.4531	0.4525	0.4527
November	0.4529	0.4524	0.4527
December	0.4529	0.4523	0.4525