2024 SAR to JPY Historical Review

YEARLY HIGH

43.0839 JPY

YEARLY LOW

37.5243 JPY

YEARLY AVERAGE

40.3692 JPY

2024 SAR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 43.0839. Conversely, the yearly low was recorded on September 16, dropping to 37.5243.

This high-to-low spread represents a total annual volatility of 5.5596 JPY. From a start-to-finish perspective, comparing the January average rate of 38.9767 to the December average rate of 41.0048, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 43.0839 was up 6.56% compared to the 2023 peak of 40.4315, 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 215,420 JPY

2023 Average 187,289 JPY

Yearly Trough Low 187,622 JPY

Transaction Impact: A difference of 27,798.03 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.5543

37.7244

JanuMarcMayJulySeptNove

SAR to JPY 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 40.5919, compared to 40.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4454 points.

H1 Avg (Jan–Jun) 40.5919

H2 Avg (Jul–Dec) 40.1465

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3.1614 JPY (High: 43.0839 / Low: 39.9225). On the other end, February was the most stable month, with a tight range of 1.1333 JPY (High: 40.1897 / Low: 39.0564).

July Spread (Volatile) ±3.1614

February Spread (Stable) ±1.1333

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.0337 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 42.0023) against the same month in 2023 (average: 37.6365), the exchange rate shifted by +4.3659 (+11.60%).

2024 Avg (July) 42.0023

2023 Avg (July) 37.6365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.5310	37.6307	38.9767
February	40.1897	39.0564	39.8965
March	40.4338	39.1219	39.9332
April	42.1980	40.3361	41.0696
May	42.0257	40.8088	41.5234
June	42.9174	41.3599	42.1518
July	43.0839	39.9225	42.0023
August	39.7732	38.3700	38.9686
September	39.1067	37.5243	38.1269
October	40.8097	38.3130	39.9213
November	41.6663	39.8609	40.8551
December	42.0456	39.7971	41.0048