YEARLY HIGH
57.0503 GYD
YEARLY LOW
55.3488 GYD
YEARLY AVERAGE
55.7604 GYD

2024 SAR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 57.0503. Conversely, the yearly low was recorded on August 25, dropping to 55.3488.

This high-to-low spread represents a total annual volatility of 1.7015 GYD. From a start-to-finish perspective, comparing the January average rate of 55.8038 to the December average rate of 55.6666, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 57.0503 was up 0.53% compared to the 2023 peak of 56.7500, 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 285,251 GYD
2023 Average 280,064 GYD
Yearly Trough Low 276,744 GYD
Transaction Impact: A difference of 8,507.41 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.8354
55.6512
JanuMarcMayJulySeptNove

SAR to GYD 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 55.7966, compared to 55.7242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0724 points.

H1 Avg (Jan–Jun) 55.7966
H2 Avg (Jul–Dec) 55.7242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.5148 GYD (High: 57.0503 / Low: 55.5355). On the other end, July was the most stable month, with a tight range of 0.2254 GYD (High: 55.8216 / Low: 55.5962).

March Spread (Volatile) ±1.5148
July Spread (Stable) ±0.2254

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 July and August, when the average rate fell by 0.0486 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 55.8201) against the same month in 2023 (average: 56.1125), the exchange rate shifted by -0.2925 (-0.52%).

2024 Avg (March) 55.8201
2023 Avg (March) 56.1125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.9914 55.6274 55.8038
February 56.2997 55.6617 55.8108
March 57.0503 55.5355 55.8201
April 55.9415 55.6295 55.7898
May 55.9107 55.4934 55.7779
June 56.1507 55.6138 55.7773
July 55.8216 55.5962 55.7564
August 55.9082 55.3488 55.7078
September 55.8646 55.6021 55.7631
October 55.9407 55.6502 55.7404
November 56.0262 55.4760 55.7108
December 55.7600 55.4739 55.6666