2024 SAR to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 139.9434. Conversely, the yearly low was recorded on May 16, dropping to 117.1039.
This high-to-low spread represents a total annual volatility of 22.8394 KZT. From a start-to-finish perspective, comparing the January average rate of 120.4531 to the December average rate of 138.6936, the exchange rate registered a net change of 15.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 139.9434 was up 9.36% compared to the 2023 peak of 127.9648, 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 KZT 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 119.8206, compared to 130.4355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6148 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 7.3870 KZT (High: 137.4479 / Low: 130.0609). On the other end, September was the most stable month, with a tight range of 1.5266 KZT (High: 128.8019 / Low: 127.2753).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.0275 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 138.6936) against the same month in 2023 (average: 122.4110), the exchange rate shifted by +16.2826 (+13.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 122.1926 | 118.6397 | 120.4531 |
| February | 121.6611 | 119.0474 | 120.1917 |
| March | 120.6059 | 118.5384 | 119.7888 |
| April | 119.6817 | 117.6941 | 118.9427 |
| May | 119.1342 | 117.1039 | 117.9152 |
| June | 125.8789 | 118.9584 | 121.6323 |
| July | 128.1549 | 125.9016 | 126.6991 |
| August | 128.8039 | 125.6459 | 127.5495 |
| September | 128.8019 | 127.2753 | 128.0174 |
| October | 132.1383 | 128.1430 | 129.4337 |
| November | 137.4479 | 130.0609 | 132.2194 |
| December | 139.9434 | 135.4776 | 138.6936 |