2024 SAR to NZD Historical Review

YEARLY HIGH

0.4760 NZD

YEARLY LOW

0.4196 NZD

YEARLY AVERAGE

0.4407 NZD

2024 SAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4760. Conversely, the yearly low was recorded on September 24, dropping to 0.4196.

This high-to-low spread represents a total annual volatility of 0.0563 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4319 to the December average rate of 0.4640, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4760 was up 3.42% compared to the 2023 peak of 0.4602, 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 2,380 NZD

2023 Average 2,171 NZD

Yearly Trough Low 2,098 NZD

Transaction Impact: A difference of 281.73 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4676

0.4245

JanuMarcMayJulySeptNove

SAR to NZD 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 0.4380, compared to 0.4435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.4380

H2 Avg (Jul–Dec) 0.4435

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0252 NZD (High: 0.4760 / Low: 0.4507). On the other end, June was the most stable month, with a tight range of 0.0081 NZD (High: 0.4384 / Low: 0.4303).

December Spread (Volatile) ±0.0252

June Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4640) against the same month in 2023 (average: 0.4281), the exchange rate shifted by +0.0360 (+8.40%).

2024 Avg (December) 0.4640

2023 Avg (December) 0.4281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4390	0.4223	0.4319
February	0.4405	0.4301	0.4351
March	0.4464	0.4316	0.4389
April	0.4536	0.4396	0.4479
May	0.4494	0.4334	0.4393
June	0.4384	0.4303	0.4346
July	0.4536	0.4341	0.4420
August	0.4492	0.4255	0.4380
September	0.4345	0.4196	0.4281
October	0.4461	0.4243	0.4383
November	0.4581	0.4421	0.4508
December	0.4760	0.4507	0.4640