2024 SAR to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 23.8970. Conversely, the yearly low was recorded on August 3, dropping to 22.3845.
This high-to-low spread represents a total annual volatility of 1.5125 KGS. From a start-to-finish perspective, comparing the January average rate of 23.7999 to the December average rate of 23.1347, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 23.8970 was up 0.02% compared to the 2023 peak of 23.8921, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SAR to KGS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.6654, compared to 22.7813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 0.6187 KGS (High: 23.0158 / Low: 22.3971). On the other end, February was the most stable month, with a tight range of 0.0378 KGS (High: 23.8557 / Low: 23.8180).
Growth Streaks & Declines
TrendsBetween September and December, 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 June and July, when the average rate fell by 0.5481 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 23.8567) against the same month in 2023 (average: 23.2821), the exchange rate shifted by +0.5747 (+2.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.8266 | 23.7517 | 23.7999 |
| February | 23.8557 | 23.8180 | 23.8426 |
| March | 23.8970 | 23.8290 | 23.8567 |
| April | 23.8359 | 23.6391 | 23.7450 |
| May | 23.6460 | 23.3816 | 23.5293 |
| June | 23.4193 | 23.0409 | 23.2191 |
| July | 23.0158 | 22.3971 | 22.6710 |
| August | 22.8451 | 22.3845 | 22.6979 |
| September | 22.6413 | 22.4274 | 22.4744 |
| October | 22.8508 | 22.4529 | 22.7189 |
| November | 23.1122 | 22.8414 | 22.9908 |
| December | 23.1794 | 23.0929 | 23.1347 |