2024 SAR to CVE Historical Review

YEARLY HIGH

28.2807 CVE

YEARLY LOW

26.2697 CVE

YEARLY AVERAGE

27.1870 CVE

2024 SAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 28.2807. Conversely, the yearly low was recorded on August 25, dropping to 26.2697.

This high-to-low spread represents a total annual volatility of 2.0110 CVE. From a start-to-finish perspective, comparing the January average rate of 26.9689 to the December average rate of 28.0144, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.2807 was up 0.60% compared to the 2023 peak of 28.1130, 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 141,404 CVE

2023 Average 136,058 CVE

Yearly Trough Low 131,349 CVE

Transaction Impact: A difference of 10,055.05 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.1672

26.3335

JanuMarcMayJulySeptNove

SAR to CVE 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 27.2151, compared to 27.1588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0563 points.

H1 Avg (Jan–Jun) 27.2151

H2 Avg (Jul–Dec) 27.1588

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.2698 CVE (High: 28.2178 / Low: 26.9480). On the other end, February was the most stable month, with a tight range of 0.3524 CVE (High: 27.4738 / Low: 27.1214).

November Spread (Volatile) ±1.2698

February Spread (Stable) ±0.3524

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 0.3751 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 28.0144) against the same month in 2023 (average: 26.9716), the exchange rate shifted by +1.0428 (+3.87%).

2024 Avg (December) 28.0144

2023 Avg (December) 26.9716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.1672	26.6208	26.9689
February	27.4738	27.1214	27.2717
March	27.2918	26.8593	27.0783
April	27.6896	27.0661	27.3887
May	27.6294	26.9869	27.2399
June	27.5735	27.0113	27.3431
July	27.4670	26.8931	27.1118
August	27.3180	26.2697	26.7367
September	26.6655	26.3070	26.4863
October	27.2558	26.5162	26.9747
November	28.2178	26.9480	27.6291
December	28.2807	27.7317	28.0144