2024 SAR to KRW Historical Review

YEARLY HIGH

393.5601 KRW

YEARLY LOW

341.5040 KRW

YEARLY AVERAGE

363.4594 KRW

2024 SAR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 393.5601. Conversely, the yearly low was recorded on January 1, dropping to 341.5040.

This high-to-low spread represents a total annual volatility of 52.0561 KRW. From a start-to-finish perspective, comparing the January average rate of 353.2375 to the December average rate of 383.5285, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 393.5601 was up 8.53% compared to the 2023 peak of 362.6269, 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 1,967,800 KRW

2023 Average 1,740,935 KRW

Yearly Trough Low 1,707,520 KRW

Transaction Impact: A difference of 260,280.26 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

386.5576

350.2084

JanuMarcMayJulySeptNove

SAR to KRW 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 360.1762, compared to 366.7427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5665 points.

H1 Avg (Jan–Jun) 360.1762

H2 Avg (Jul–Dec) 366.7427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 22.0389 KRW (High: 393.5601 / Low: 371.5211). On the other end, February was the most stable month, with a tight range of 4.4608 KRW (High: 357.6367 / Low: 353.1759).

December Spread (Volatile) ±22.0389

February Spread (Stable) ±4.4608

Growth Streaks & Declines

Trends

Between 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 8.7145 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.7145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 383.5285) against the same month in 2023 (average: 346.9540), the exchange rate shifted by +36.5745 (+10.54%).

2024 Avg (December) 383.5285

2023 Avg (December) 346.9540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	358.6940	341.5040	353.2375
February	357.6367	353.1759	355.3150
March	360.0789	349.6395	355.2991
April	371.0283	358.6980	365.2463
May	368.7442	359.2507	363.6476
June	371.6037	364.0905	368.3116
July	370.5328	364.8744	368.5220
August	366.6690	353.1004	359.8076
September	358.2912	349.3035	354.4722
October	369.9912	353.0965	362.6837
November	374.8105	365.8370	371.4422
December	393.5601	371.5211	383.5285