2024 SAR to SHP Historical Review

YEARLY HIGH

0.2159 SHP

YEARLY LOW

0.1985 SHP

YEARLY AVERAGE

0.2086 SHP

2024 SAR to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.2159. Conversely, the yearly low was recorded on September 24, dropping to 0.1985.

This high-to-low spread represents a total annual volatility of 0.0174 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2098 to the December average rate of 0.2107, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2159 was down 4.16% compared to the 2023 peak of 0.2253, 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 1,079 SHP

2023 Average 1,072 SHP

Yearly Trough Low 993 SHP

Transaction Impact: A difference of 86.81 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2143

0.2004

JanuMarcMayJulySeptNove

SAR to SHP 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 0.2108, compared to 0.2064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.2108

H2 Avg (Jul–Dec) 0.2064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0090 SHP (High: 0.2101 / Low: 0.2011). On the other end, January was the most stable month, with a tight range of 0.0026 SHP (High: 0.2113 / Low: 0.2087).

August Spread (Volatile) ±0.0090

January Spread (Stable) ±0.0026

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 August and September, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2131) against the same month in 2023 (average: 0.2142), the exchange rate shifted by -0.0011 (-0.50%).

2024 Avg (April) 0.2131

2023 Avg (April) 0.2142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2113	0.2087	0.2098
February	0.2127	0.2092	0.2111
March	0.2119	0.2074	0.2098
April	0.2159	0.2103	0.2131
May	0.2134	0.2088	0.2110
June	0.2112	0.2081	0.2098
July	0.2108	0.2049	0.2072
August	0.2101	0.2011	0.2059
September	0.2044	0.1985	0.2016
October	0.2065	0.2008	0.2041
November	0.2126	0.2041	0.2089
December	0.2129	0.2082	0.2107