2024 SAR to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 126.5064. Conversely, the yearly low was recorded on September 22, dropping to 117.5341.
This high-to-low spread represents a total annual volatility of 8.9724 KMF. From a start-to-finish perspective, comparing the January average rate of 120.3527 to the December average rate of 125.1055, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 126.5064 was up 0.77% compared to the 2023 peak of 125.5402, 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 KMF 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 121.4193, compared to 121.1927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2266 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 5.9433 KMF (High: 125.8769 / Low: 119.9336). On the other end, September was the most stable month, with a tight range of 1.5658 KMF (High: 119.0999 / Low: 117.5341).
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 July and August, when the average rate fell by 1.8783 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 125.1055) against the same month in 2023 (average: 120.2727), the exchange rate shifted by +4.8328 (+4.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 121.4679 | 118.7066 | 120.3527 |
| February | 122.5684 | 120.9298 | 121.6056 |
| March | 121.6908 | 119.9072 | 120.8175 |
| April | 123.5891 | 120.9239 | 122.3658 |
| May | 122.9900 | 120.6423 | 121.5327 |
| June | 122.8903 | 120.6340 | 121.8415 |
| July | 122.4089 | 120.1193 | 121.0908 |
| August | 121.6630 | 117.5464 | 119.2125 |
| September | 119.0999 | 117.5341 | 118.2003 |
| October | 121.3887 | 118.5930 | 120.2548 |
| November | 125.8769 | 119.9336 | 123.2925 |
| December | 126.5064 | 124.0357 | 125.1055 |