YEARLY HIGH
3464.1165 SYP
YEARLY LOW
668.4508 SYP
YEARLY AVERAGE
752.2088 SYP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 17,320,582 SYP
2023 Average 3,348,626 SYP
Yearly Trough Low 3,342,254 SYP
Transaction Impact: A difference of 13,978,328.49 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1759.0218
569.9076
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 669.9195
H2 Avg (Jul–Dec) 834.4980

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±2795.6657
May Spread (Stable) ±0.1363

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.5260

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 1659.9290
2023 Avg (December) 669.8280

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