2024 SAR to GMD Historical Review

YEARLY HIGH

19.1820 GMD

YEARLY LOW

17.9179 GMD

YEARLY AVERAGE

18.3388 GMD

2024 SAR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 19.1820. Conversely, the yearly low was recorded on January 5, dropping to 17.9179.

This high-to-low spread represents a total annual volatility of 1.2642 GMD. From a start-to-finish perspective, comparing the January average rate of 17.9435 to the December average rate of 19.1161, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.1820 was up 6.68% compared to the 2023 peak of 17.9814, 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 95,910 GMD

2023 Average 83,033 GMD

Yearly Trough Low 89,589 GMD

Transaction Impact: A difference of 6,320.86 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.2334

17.8262

JanuMarcMayJulySeptNove

SAR to GMD 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 18.0534, compared to 18.6242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5708 points.

H1 Avg (Jan–Jun) 18.0534

H2 Avg (Jul–Dec) 18.6242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.7922 GMD (High: 18.7701 / Low: 17.9779). On the other end, June was the most stable month, with a tight range of 0.0298 GMD (High: 18.0860 / Low: 18.0562).

October Spread (Volatile) ±0.7922

June Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0909 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.1161) against the same month in 2023 (average: 17.9558), the exchange rate shifted by +1.1603 (+6.46%).

2024 Avg (December) 19.1161

2023 Avg (December) 17.9558

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9802	17.9179	17.9435
February	18.1255	17.9364	18.0262
March	18.1292	18.0840	18.1133
April	18.1164	18.0635	18.1018
May	18.1047	18.0630	18.0700
June	18.0860	18.0562	18.0658
July	18.5243	18.0581	18.0826
August	18.9224	18.3799	18.6119
September	18.9196	18.2501	18.5402
October	18.7701	17.9779	18.4493
November	19.0459	18.7794	18.9448
December	19.1820	18.8979	19.1161