YEARLY HIGH
11269.5126 IRR
YEARLY LOW
11198.6102 IRR
YEARLY AVERAGE
11217.7193 IRR

2024 SAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 11269.5126. Conversely, the yearly low was recorded on March 30, dropping to 11198.6102.

This high-to-low spread represents a total annual volatility of 70.9024 IRR. From a start-to-finish perspective, comparing the January average rate of 11212.4306 to the December average rate of 11229.2387, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11269.5126 was down 0.26% compared to the 2023 peak of 11298.7459, 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 56,347,563 IRR
2023 Average 56,268,310 IRR
Yearly Trough Low 55,993,051 IRR
Transaction Impact: A difference of 354,512.12 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11231.3706
11205.7878
JanuMarcMayJulySeptNove

SAR to IRR 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 11216.5390, compared to 11218.8997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3608 points.

H1 Avg (Jan–Jun) 11216.5390
H2 Avg (Jul–Dec) 11218.8997

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 63.0182 IRR (High: 11269.5126 / Low: 11206.4944). On the other end, November was the most stable month, with a tight range of 15.3068 IRR (High: 11215.7076 / Low: 11200.4008).

April Spread (Volatile) ±63.0182
November Spread (Stable) ±15.3068

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 9.5745 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.5745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 11217.1878) against the same month in 2023 (average: 11265.5483), the exchange rate shifted by -48.3605 (-0.43%).

2024 Avg (April) 11217.1878
2023 Avg (April) 11265.5483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11228.0000 11208.0274 11212.4306
February 11226.6797 11206.4463 11209.9754
March 11222.3333 11198.6102 11209.8871
April 11269.5126 11206.4944 11217.1878
May 11265.1646 11214.5464 11222.4767
June 11267.8815 11217.2939 11227.2762
July 11263.7951 11218.0384 11224.4720
August 11247.9043 11210.8877 11219.2046
September 11265.8976 11214.4809 11221.0690
October 11252.2817 11205.5449 11211.4945
November 11215.7076 11200.4008 11207.9197
December 11256.6468 11199.4740 11229.2387