2024 SAR to CAD Historical Review

YEARLY HIGH

0.3849 CAD

YEARLY LOW

0.3532 CAD

YEARLY AVERAGE

0.3652 CAD

2024 SAR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3849. Conversely, the yearly low was recorded on January 1, dropping to 0.3532.

This high-to-low spread represents a total annual volatility of 0.0318 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3578 to the December average rate of 0.3796, the exchange rate registered a net change of 6.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3849 was up 3.97% compared to the 2023 peak of 0.3702, 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 1,925 CAD

2023 Average 1,799 CAD

Yearly Trough Low 1,766 CAD

Transaction Impact: A difference of 158.78 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3818

0.3556

JanuMarcMayJulySeptNove

SAR to CAD 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 0.3622, compared to 0.3682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.3622

H2 Avg (Jul–Dec) 0.3682

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0125 CAD (High: 0.3709 / Low: 0.3584). On the other end, May was the most stable month, with a tight range of 0.0036 CAD (High: 0.3662 / Low: 0.3626).

August Spread (Volatile) ±0.0125

May Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3796) against the same month in 2023 (average: 0.3575), the exchange rate shifted by +0.0221 (+6.19%).

2024 Avg (December) 0.3796

2023 Avg (December) 0.3575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3607	0.3532	0.3578
February	0.3620	0.3569	0.3598
March	0.3634	0.3587	0.3611
April	0.3685	0.3606	0.3647
May	0.3662	0.3626	0.3644
June	0.3673	0.3634	0.3654
July	0.3694	0.3630	0.3656
August	0.3709	0.3584	0.3642
September	0.3627	0.3577	0.3611
October	0.3711	0.3597	0.3664
November	0.3754	0.3683	0.3723
December	0.3849	0.3731	0.3796