YEARLY HIGH
766.2590 CDF
YEARLY LOW
709.2085 CDF
YEARLY AVERAGE
750.2835 CDF

2024 SAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 766.2590. Conversely, the yearly low was recorded on January 20, dropping to 709.2085.

This high-to-low spread represents a total annual volatility of 57.0505 CDF. From a start-to-finish perspective, comparing the January average rate of 725.7882 to the December average rate of 759.7742, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 766.2590 was up 2.93% compared to the 2023 peak of 744.4677, 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 3,831,295 CDF
2023 Average 3,114,870 CDF
Yearly Trough Low 3,546,043 CDF
Transaction Impact: A difference of 285,252.63 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

765.3005
722.1961
JanuMarcMayJulySeptNove

SAR to CDF 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 740.8522, compared to 759.7149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.8627 points.

H1 Avg (Jan–Jun) 740.8522
H2 Avg (Jul–Dec) 759.7149

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 24.8100 CDF (High: 734.0185 / Low: 709.2085). On the other end, February was the most stable month, with a tight range of 7.0064 CDF (High: 738.4514 / Low: 731.4450).

January Spread (Volatile) ±24.8100
February Spread (Stable) ±7.0064

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9342 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.9342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 760.3589) against the same month in 2023 (average: 671.3918), the exchange rate shifted by +88.9672 (+13.25%).

2024 Avg (October) 760.3589
2023 Avg (October) 671.3918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 734.0185 709.2085 725.7882
February 738.4514 731.4450 734.9738
March 744.5026 736.5992 739.7234
April 751.6625 739.5780 744.2659
May 753.4369 741.5081 745.3687
June 760.1554 745.2480 754.9931
July 765.3328 753.8177 758.1325
August 765.8640 749.0196 759.2373
September 763.7627 754.5764 759.0779
October 766.2590 755.8364 760.3589
November 765.4419 757.0748 761.7085
December 764.2525 754.3539 759.7742