2024 SAR to BOB Historical Review

YEARLY HIGH

1.8596 BOB

YEARLY LOW

1.8281 BOB

YEARLY AVERAGE

1.8422 BOB

2024 SAR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.8596. Conversely, the yearly low was recorded on August 25, dropping to 1.8281.

This high-to-low spread represents a total annual volatility of 0.0314 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8423 to the December average rate of 1.8394, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8596 was up 0.06% compared to the 2023 peak of 1.8585, 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 9,298 BOB

2023 Average 9,206 BOB

Yearly Trough Low 9,141 BOB

Transaction Impact: A difference of 157.25 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8457

1.8388

JanuMarcMayJulySeptNove

SAR to BOB 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 1.8430, compared to 1.8415 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) 1.8430

H2 Avg (Jul–Dec) 1.8415

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0222 BOB (High: 1.8545 / Low: 1.8323). On the other end, July was the most stable month, with a tight range of 0.0067 BOB (High: 1.8437 / Low: 1.8370).

November Spread (Volatile) ±0.0222

July Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.8433) against the same month in 2023 (average: 1.8421), the exchange rate shifted by +0.0011 (+0.06%).

2024 Avg (February) 1.8433

2023 Avg (February) 1.8421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8479	1.8374	1.8423
February	1.8596	1.8385	1.8433
March	1.8494	1.8343	1.8423
April	1.8544	1.8397	1.8452
May	1.8457	1.8327	1.8423
June	1.8545	1.8371	1.8424
July	1.8437	1.8370	1.8417
August	1.8480	1.8281	1.8402
September	1.8491	1.8365	1.8424
October	1.8491	1.8389	1.8425
November	1.8545	1.8323	1.8424
December	1.8457	1.8323	1.8394