2024 SAR to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |