2024 SAR to INR Historical Review

YEARLY HIGH

22.8351 INR

YEARLY LOW

22.0557 INR

YEARLY AVERAGE

22.3002 INR

2024 SAR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 22.8351. Conversely, the yearly low was recorded on March 7, dropping to 22.0557.

This high-to-low spread represents a total annual volatility of 0.7794 INR. From a start-to-finish perspective, comparing the January average rate of 22.1611 to the December average rate of 22.6283, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.8351 was up 2.60% compared to the 2023 peak of 22.2573, 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 114,176 INR

2023 Average 110,048 INR

Yearly Trough Low 110,279 INR

Transaction Impact: A difference of 3,897.01 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.6787

22.0741

JanuMarcMayJulySeptNove

SAR to INR 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 22.1925, compared to 22.4080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2155 points.

H1 Avg (Jan–Jun) 22.1925

H2 Avg (Jul–Dec) 22.4080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3223 INR (High: 22.8351 / Low: 22.5129). On the other end, February was the most stable month, with a tight range of 0.0586 INR (High: 22.1508 / Low: 22.0922).

December Spread (Volatile) ±0.3223

February Spread (Stable) ±0.0586

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0366 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 22.6283) against the same month in 2023 (average: 22.1924), the exchange rate shifted by +0.4359 (+1.96%).

2024 Avg (December) 22.6283

2023 Avg (December) 22.1924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.2159	22.0954	22.1611
February	22.1508	22.0922	22.1244
March	22.3200	22.0557	22.1471
April	22.3119	22.1895	22.2398
May	22.2764	22.1438	22.2263
June	22.3109	22.1560	22.2564
July	22.3310	22.2406	22.2879
August	22.3863	22.3146	22.3550
September	22.3828	22.2481	22.3331
October	22.4144	22.3528	22.3806
November	22.5079	22.3851	22.4630
December	22.8351	22.5129	22.6283