2024 SAR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 153.7919. Conversely, the yearly low was recorded on August 3, dropping to 150.8591.
This high-to-low spread represents a total annual volatility of 2.9328 SOS. From a start-to-finish perspective, comparing the January average rate of 152.3243 to the December average rate of 152.0873, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 153.7919 was up 0.40% compared to the 2023 peak of 153.1836, 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 SOS 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 152.3369, compared to 152.1880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1489 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 1.9718 SOS (High: 152.8309 / Low: 150.8591). On the other end, July was the most stable month, with a tight range of 0.5421 SOS (High: 152.4803 / Low: 151.9381).
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 July and August, when the average rate fell by 0.2286 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 152.4507) against the same month in 2023 (average: 151.5810), the exchange rate shifted by +0.8697 (+0.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 152.8225 | 151.7951 | 152.3243 |
| February | 153.7919 | 152.0549 | 152.4507 |
| March | 152.8025 | 151.6926 | 152.3278 |
| April | 152.8147 | 151.9273 | 152.3229 |
| May | 152.6655 | 151.5956 | 152.2646 |
| June | 153.3840 | 151.9516 | 152.3308 |
| July | 152.4803 | 151.9381 | 152.2734 |
| August | 152.8309 | 150.8591 | 152.0448 |
| September | 153.0986 | 151.8869 | 152.2949 |
| October | 152.7633 | 152.0195 | 152.2204 |
| November | 153.0141 | 151.8423 | 152.2073 |
| December | 152.3702 | 151.5383 | 152.0873 |