YEARLY HIGH
0.7220 XCD
YEARLY LOW
0.7190 XCD
YEARLY AVERAGE
0.7203 XCD

2024 SAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.7220. Conversely, the yearly low was recorded on December 14, dropping to 0.7190.

This high-to-low spread represents a total annual volatility of 0.0030 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7206 to the December average rate of 0.7194, 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 0.7220 was down 0.13% compared to the 2023 peak of 0.7229, 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 3,610 XCD
2023 Average 3,602 XCD
Yearly Trough Low 3,595 XCD
Transaction Impact: A difference of 14.76 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7208
0.7193
JanuMarcMayJulySeptNove

SAR to XCD 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 0.7206, compared to 0.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.7206
H2 Avg (Jul–Dec) 0.7199

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0022 XCD (High: 0.7220 / Low: 0.7198). On the other end, May was the most stable month, with a tight range of 0.0001 XCD (High: 0.7207 / Low: 0.7205).

August Spread (Volatile) ±0.0022
May Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7202) against the same month in 2023 (average: 0.7205), the exchange rate shifted by -0.0002 (-0.03%).

2024 Avg (August) 0.7202
2023 Avg (August) 0.7205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7209 0.7205 0.7206
February 0.7209 0.7205 0.7206
March 0.7215 0.7198 0.7206
April 0.7212 0.7204 0.7205
May 0.7207 0.7205 0.7206
June 0.7212 0.7203 0.7205
July 0.7206 0.7203 0.7205
August 0.7220 0.7198 0.7202
September 0.7208 0.7198 0.7202
October 0.7203 0.7194 0.7197
November 0.7200 0.7192 0.7196
December 0.7200 0.7190 0.7194