2024 SAR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 3464.1165. Conversely, the yearly low was recorded on December 14, dropping to 668.4508.
This high-to-low spread represents a total annual volatility of 2795.6657 SYP. From a start-to-finish perspective, comparing the January average rate of 669.9733 to the December average rate of 1659.9290, the exchange rate registered a net change of 147.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 3464.1165 was up 415.44% compared to the 2023 peak of 672.0748, 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 SYP 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 669.9195, compared to 834.4980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 164.5785 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 2795.6657 SYP (High: 3464.1165 / Low: 668.4508). On the other end, May was the most stable month, with a tight range of 0.1363 SYP (High: 669.9992 / Low: 669.8630).
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 0.5260 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 1659.9290) against the same month in 2023 (average: 669.8280), the exchange rate shifted by +990.1010 (+147.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 670.2309 | 669.8137 | 669.9733 |
| February | 670.2255 | 669.8699 | 669.9722 |
| March | 670.7850 | 669.1681 | 669.9417 |
| April | 670.4748 | 669.7576 | 669.8719 |
| May | 669.9992 | 669.8630 | 669.9184 |
| June | 670.4770 | 669.6189 | 669.8396 |
| July | 669.8908 | 669.6821 | 669.8129 |
| August | 671.1957 | 669.1855 | 669.5857 |
| September | 670.0938 | 669.2345 | 669.5930 |
| October | 669.6671 | 668.7808 | 669.0671 |
| November | 669.3527 | 668.6618 | 669.0004 |
| December | 3464.1165 | 668.4508 | 1659.9290 |