2024 SAR to BBD Historical Review

YEARLY HIGH

0.5343 BBD

YEARLY LOW

0.5321 BBD

YEARLY AVERAGE

0.5330 BBD

2024 SAR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.5343. Conversely, the yearly low was recorded on December 14, dropping to 0.5321.

This high-to-low spread represents a total annual volatility of 0.0022 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5333 to the December average rate of 0.5324, 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 0.5343 was down 0.13% compared to the 2023 peak of 0.5350, 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 2,671 BBD

2023 Average 2,666 BBD

Yearly Trough Low 2,660 BBD

Transaction Impact: A difference of 10.93 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5334

0.5323

JanuMarcMayJulySeptNove

SAR to BBD 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 0.5333, compared to 0.5328 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) 0.5333

H2 Avg (Jul–Dec) 0.5328

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0016 BBD (High: 0.5343 / Low: 0.5327). On the other end, May was the most stable month, with a tight range of 0.0001 BBD (High: 0.5333 / Low: 0.5332).

August Spread (Volatile) ±0.0016

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 (August 2024: 0.5330) against the same month in 2023 (average: 0.5332), the exchange rate shifted by -0.0002 (-0.03%).

2024 Avg (August) 0.5330

2023 Avg (August) 0.5332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5335	0.5332	0.5333
February	0.5335	0.5332	0.5333
March	0.5340	0.5327	0.5333
April	0.5337	0.5331	0.5332
May	0.5333	0.5332	0.5333
June	0.5337	0.5330	0.5332
July	0.5332	0.5331	0.5332
August	0.5343	0.5327	0.5330
September	0.5334	0.5327	0.5330
October	0.5331	0.5324	0.5326
November	0.5328	0.5323	0.5325
December	0.5329	0.5321	0.5324