2024 SAR to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 5915.1050. Conversely, the yearly low was recorded on January 6, dropping to 5472.4222.
This high-to-low spread represents a total annual volatility of 442.6828 LAK. From a start-to-finish perspective, comparing the January average rate of 5505.8855 to the December average rate of 5827.1174, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 5915.1050 was up 6.88% compared to the 2023 peak of 5534.5139, 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 LAK 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 5635.9321, compared to 5868.6408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 232.7088 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 161.3570 LAK (High: 5885.1743 / Low: 5723.8172). On the other end, September was the most stable month, with a tight range of 39.5767 LAK (High: 5915.1050 / Low: 5875.5282).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 35.2682 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 5890.0199) against the same month in 2023 (average: 5312.5900), the exchange rate shifted by +577.4299 (+10.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5531.3550 | 5472.4222 | 5505.8855 |
| February | 5588.1394 | 5530.5310 | 5558.6193 |
| March | 5624.3796 | 5539.1970 | 5579.0756 |
| April | 5708.7330 | 5626.7393 | 5663.7832 |
| May | 5731.8700 | 5662.1301 | 5694.7459 |
| June | 5885.1743 | 5723.8172 | 5813.4830 |
| July | 5913.7966 | 5873.6265 | 5901.3679 |
| August | 5912.4704 | 5852.1006 | 5894.9954 |
| September | 5915.1050 | 5875.5282 | 5890.0199 |
| October | 5912.4174 | 5825.4301 | 5854.7517 |
| November | 5869.8019 | 5822.3246 | 5843.5928 |
| December | 5843.8111 | 5803.7011 | 5827.1174 |