2024 SAR to SBD Historical Review

YEARLY HIGH

2.3322 SBD

YEARLY LOW

2.2008 SBD

YEARLY AVERAGE

2.2450 SBD

2024 SAR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.3322. Conversely, the yearly low was recorded on October 12, dropping to 2.2008.

This high-to-low spread represents a total annual volatility of 0.1314 SBD. From a start-to-finish perspective, comparing the January average rate of 2.2454 to the December average rate of 2.2305, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3322 was up 2.92% compared to the 2023 peak of 2.2659, 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 11,661 SBD

2023 Average 11,123 SBD

Yearly Trough Low 11,004 SBD

Transaction Impact: A difference of 656.98 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2674

2.2071

JanuMarcMayJulySeptNove

SAR to SBD 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 2.2560, compared to 2.2340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 2.2560

H2 Avg (Jul–Dec) 2.2340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0914 SBD (High: 2.3322 / Low: 2.2408). On the other end, May was the most stable month, with a tight range of 0.0099 SBD (High: 2.2695 / Low: 2.2596).

March Spread (Volatile) ±0.0914

May Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0370 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.2574) against the same month in 2023 (average: 2.1917), the exchange rate shifted by +0.0657 (+3.00%).

2024 Avg (March) 2.2574

2023 Avg (March) 2.1917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2544	2.2268	2.2454
February	2.2698	2.2412	2.2541
March	2.3322	2.2408	2.2574
April	2.2789	2.2499	2.2606
May	2.2695	2.2596	2.2624
June	2.2655	2.2493	2.2559
July	2.2597	2.2404	2.2525
August	2.2784	2.2398	2.2597
September	2.2600	2.2105	2.2227
October	2.2241	2.2008	2.2122
November	2.2351	2.2092	2.2262
December	2.2336	2.2184	2.2305