2024 SAR to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 240.4255. Conversely, the yearly low was recorded on December 14, dropping to 239.4422.
This high-to-low spread represents a total annual volatility of 0.9833 KPW. From a start-to-finish perspective, comparing the January average rate of 239.9876 to the December average rate of 239.5777, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 240.4255 was down 0.13% compared to the 2023 peak of 240.7403, 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 KPW 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 239.9683, compared to 239.7516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2167 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.7201 KPW (High: 240.4255 / Low: 239.7054). On the other end, May was the most stable month, with a tight range of 0.0488 KPW (High: 239.9969 / Low: 239.9480).
Growth Streaks & Declines
TrendsNo 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 0.1884 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 239.8487) against the same month in 2023 (average: 239.9289), the exchange rate shifted by -0.0801 (-0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 240.0798 | 239.9304 | 239.9876 |
| February | 240.0779 | 239.9505 | 239.9872 |
| March | 240.2783 | 239.6991 | 239.9763 |
| April | 240.1672 | 239.9103 | 239.9512 |
| May | 239.9969 | 239.9480 | 239.9679 |
| June | 240.1680 | 239.8606 | 239.9397 |
| July | 239.9580 | 239.8833 | 239.9301 |
| August | 240.4255 | 239.7054 | 239.8487 |
| September | 240.0307 | 239.7229 | 239.8514 |
| October | 239.8779 | 239.5604 | 239.6630 |
| November | 239.7653 | 239.5178 | 239.6391 |
| December | 239.7866 | 239.4422 | 239.5777 |