2024 SAR to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 5601.7796. Conversely, the yearly low was recorded on December 14, dropping to 5578.8701.
This high-to-low spread represents a total annual volatility of 22.9094 SLL. From a start-to-finish perspective, comparing the January average rate of 5591.5773 to the December average rate of 5582.0263, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 5601.7796 was down 0.13% compared to the 2023 peak of 5609.1158, 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 SLL 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 5591.1281, compared to 5586.0802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0479 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 16.7772 SLL (High: 5601.7796 / Low: 5585.0023). On the other end, May was the most stable month, with a tight range of 1.1375 SLL (High: 5591.7936 / Low: 5590.6561).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.3898 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 5588.3425) against the same month in 2023 (average: 5590.2099), the exchange rate shifted by -1.8674 (-0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5593.7268 | 5590.2448 | 5591.5773 |
| February | 5593.6820 | 5590.7142 | 5591.5678 |
| March | 5598.3518 | 5584.8566 | 5591.3134 |
| April | 5595.7628 | 5589.7768 | 5590.7305 |
| May | 5591.7936 | 5590.6561 | 5591.1186 |
| June | 5595.7807 | 5588.6193 | 5590.4609 |
| July | 5590.8886 | 5589.1466 | 5590.2381 |
| August | 5601.7796 | 5585.0023 | 5588.3425 |
| September | 5592.5825 | 5585.4114 | 5588.4034 |
| October | 5589.0215 | 5581.6248 | 5584.0136 |
| November | 5586.3980 | 5580.6310 | 5583.4574 |
| December | 5586.8936 | 5578.8701 | 5582.0263 |