2024 SAR to JOD Historical Review

YEARLY HIGH

0.1893 JOD

YEARLY LOW

0.1886 JOD

YEARLY AVERAGE

0.1889 JOD

2024 SAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1893. Conversely, the yearly low was recorded on October 4, dropping to 0.1886.

This high-to-low spread represents a total annual volatility of 0.0007 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1892 to the December average rate of 0.1888, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1893 was down 0.22% compared to the 2023 peak of 0.1897, 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 947 JOD

2023 Average 945 JOD

Yearly Trough Low 943 JOD

Transaction Impact: A difference of 3.67 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1892

0.1887

JanuMarcMayJulySeptNove

SAR to JOD 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 0.1890, compared to 0.1888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1890

H2 Avg (Jul–Dec) 0.1888

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 JOD (High: 0.1893 / Low: 0.1888). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.1890 / Low: 0.1889).

August Spread (Volatile) ±0.0005

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1889) against the same month in 2023 (average: 0.1887), the exchange rate shifted by +0.0001 (+0.07%).

2024 Avg (August) 0.1889

2023 Avg (August) 0.1887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1893	0.1891	0.1892
February	0.1892	0.1890	0.1891
March	0.1893	0.1888	0.1890
April	0.1891	0.1889	0.1890
May	0.1890	0.1890	0.1890
June	0.1892	0.1889	0.1890
July	0.1890	0.1889	0.1889
August	0.1893	0.1888	0.1889
September	0.1890	0.1888	0.1889
October	0.1889	0.1886	0.1887
November	0.1889	0.1887	0.1888
December	0.1890	0.1887	0.1888