YEARLY HIGH
47.9153 DJF
YEARLY LOW
47.0090 DJF
YEARLY AVERAGE
47.3901 DJF

2024 SAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 47.9153. Conversely, the yearly low was recorded on August 3, dropping to 47.0090.

This high-to-low spread represents a total annual volatility of 0.9063 DJF. From a start-to-finish perspective, comparing the January average rate of 47.4406 to the December average rate of 47.3455, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.9153 was up 0.06% compared to the 2023 peak of 47.8887, 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 239,577 DJF
2023 Average 237,012 DJF
Yearly Trough Low 235,045 DJF
Transaction Impact: A difference of 4,531.60 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.4600
47.3190
JanuMarcMayJulySeptNove

SAR to DJF 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 47.4117, compared to 47.3685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 47.4117
H2 Avg (Jul–Dec) 47.3685

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6134 DJF (High: 47.6224 / Low: 47.0090). On the other end, July was the most stable month, with a tight range of 0.1942 DJF (High: 47.5052 / Low: 47.3110).

August Spread (Volatile) ±0.6134
July Spread (Stable) ±0.1942

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0744 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 47.4483) against the same month in 2023 (average: 47.4432), the exchange rate shifted by +0.0051 (+0.01%).

2024 Avg (February) 47.4483
2023 Avg (February) 47.4432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.5987 47.2881 47.4406
February 47.9153 47.3804 47.4483
March 47.6113 47.2699 47.3970
April 47.6166 47.3380 47.4058
May 47.5643 47.0606 47.3754
June 47.7849 47.1775 47.4028
July 47.5052 47.3110 47.4052
August 47.6224 47.0090 47.3308
September 47.7046 47.3189 47.4161
October 47.6010 47.1234 47.3585
November 47.6769 47.2329 47.3547
December 47.4759 47.2170 47.3455