2024 SAR to BND Historical Review

YEARLY HIGH

0.3640 BND

YEARLY LOW

0.3415 BND

YEARLY AVERAGE

0.3561 BND

2024 SAR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.3640. Conversely, the yearly low was recorded on September 30, dropping to 0.3415.

This high-to-low spread represents a total annual volatility of 0.0225 BND. From a start-to-finish perspective, comparing the January average rate of 0.3560 to the December average rate of 0.3594, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3640 was down 0.76% compared to the 2023 peak of 0.3667, 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 1,820 BND

2023 Average 1,789 BND

Yearly Trough Low 1,707 BND

Transaction Impact: A difference of 112.36 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3632

0.3439

JanuMarcMayJulySeptNove

SAR to BND 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 0.3590, compared to 0.3532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.3590

H2 Avg (Jul–Dec) 0.3532

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0102 BND (High: 0.3563 / Low: 0.3461). On the other end, June was the most stable month, with a tight range of 0.0032 BND (High: 0.3618 / Low: 0.3587).

August Spread (Volatile) ±0.0102

June Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3616) against the same month in 2023 (average: 0.3546), the exchange rate shifted by +0.0070 (+1.96%).

2024 Avg (April) 0.3616

2023 Avg (April) 0.3546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3583	0.3528	0.3560
February	0.3599	0.3561	0.3586
March	0.3602	0.3546	0.3574
April	0.3640	0.3588	0.3616
May	0.3639	0.3575	0.3603
June	0.3618	0.3587	0.3604
July	0.3622	0.3570	0.3589
August	0.3563	0.3461	0.3506
September	0.3489	0.3415	0.3455
October	0.3530	0.3429	0.3489
November	0.3594	0.3505	0.3558
December	0.3629	0.3560	0.3594