YEARLY HIGH
2.3546 SVC
YEARLY LOW
2.3149 SVC
YEARLY AVERAGE
2.3316 SVC

2024 SAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.3546. Conversely, the yearly low was recorded on August 25, dropping to 2.3149.

This high-to-low spread represents a total annual volatility of 0.0397 SVC. From a start-to-finish perspective, comparing the January average rate of 2.3328 to the December average rate of 2.3285, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3546 was up 0.05% compared to the 2023 peak of 2.3533, 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 11,773 SVC
2023 Average 11,656 SVC
Yearly Trough Low 11,575 SVC
Transaction Impact: A difference of 198.38 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3341
2.3280
JanuMarcMayJulySeptNove

SAR to SVC 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 2.3324, compared to 2.3308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.3324
H2 Avg (Jul–Dec) 2.3308

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0265 SVC (High: 2.3546 / Low: 2.3281). On the other end, July was the most stable month, with a tight range of 0.0085 SVC (High: 2.3347 / Low: 2.3262).

February Spread (Volatile) ±0.0265
July Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.3336) against the same month in 2023 (average: 2.3326), the exchange rate shifted by +0.0010 (+0.04%).

2024 Avg (February) 2.3336
2023 Avg (February) 2.3326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3399 2.3265 2.3328
February 2.3546 2.3281 2.3336
March 2.3395 2.3226 2.3317
April 2.3397 2.3261 2.3314
May 2.3367 2.3210 2.3322
June 2.3485 2.3265 2.3328
July 2.3347 2.3262 2.3322
August 2.3383 2.3149 2.3297
September 2.3365 2.3253 2.3323
October 2.3396 2.3286 2.3316
November 2.3433 2.3203 2.3302
December 2.3328 2.3201 2.3285