2024 SAR to EUR Historical Review

YEARLY HIGH

0.2572 EUR

YEARLY LOW

0.2379 EUR

YEARLY AVERAGE

0.2463 EUR

2024 SAR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2572. Conversely, the yearly low was recorded on August 23, dropping to 0.2379.

This high-to-low spread represents a total annual volatility of 0.0193 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2444 to the December average rate of 0.2542, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2572 was up 1.00% compared to the 2023 peak of 0.2547, 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 1,286 EUR

2023 Average 1,232 EUR

Yearly Trough Low 1,190 EUR

Transaction Impact: A difference of 96.54 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2556

0.2384

JanuMarcMayJulySeptNove

SAR to EUR 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 0.2466, compared to 0.2461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2466

H2 Avg (Jul–Dec) 0.2461

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0122 EUR (High: 0.2557 / Low: 0.2435). On the other end, March was the most stable month, with a tight range of 0.0036 EUR (High: 0.2471 / Low: 0.2434).

November Spread (Volatile) ±0.0122

March Spread (Stable) ±0.0036

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 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2542) against the same month in 2023 (average: 0.2441), the exchange rate shifted by +0.0101 (+4.15%).

2024 Avg (December) 0.2542

2023 Avg (December) 0.2441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2468	0.2416	0.2444
February	0.2490	0.2452	0.2470
March	0.2471	0.2434	0.2453
April	0.2510	0.2454	0.2487
May	0.2488	0.2449	0.2466
June	0.2497	0.2444	0.2477
July	0.2483	0.2437	0.2456
August	0.2471	0.2379	0.2418
September	0.2420	0.2382	0.2399
October	0.2470	0.2409	0.2444
November	0.2557	0.2435	0.2506
December	0.2572	0.2515	0.2542