2024 SBD to SAR Historical Review

YEARLY HIGH

0.4544 SAR

YEARLY LOW

0.4288 SAR

YEARLY AVERAGE

0.4455 SAR

2024 SBD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.4544. Conversely, the yearly low was recorded on March 12, dropping to 0.4288.

This high-to-low spread represents a total annual volatility of 0.0256 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4454 to the December average rate of 0.4483, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4544 was down 0.83% compared to the 2023 peak of 0.4582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,272 SAR

2023 Average 2,248 SAR

Yearly Trough Low 2,144 SAR

Transaction Impact: A difference of 128.00 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4531

0.4410

JanuMarcMayJulySeptNove

SBD to SAR 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 0.4433, compared to 0.4477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.4433

H2 Avg (Jul–Dec) 0.4477

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0175 SAR (High: 0.4463 / Low: 0.4288). On the other end, May was the most stable month, with a tight range of 0.0019 SAR (High: 0.4426 / Low: 0.4406).

March Spread (Volatile) ±0.0175

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4521) against the same month in 2023 (average: 0.4448), the exchange rate shifted by +0.0073 (+1.64%).

2024 Avg (October) 0.4521

2023 Avg (October) 0.4448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4491	0.4436	0.4454
February	0.4462	0.4406	0.4436
March	0.4463	0.4288	0.4430
April	0.4445	0.4388	0.4424
May	0.4426	0.4406	0.4420
June	0.4446	0.4414	0.4433
July	0.4464	0.4425	0.4439
August	0.4465	0.4389	0.4425
September	0.4524	0.4425	0.4499
October	0.4544	0.4496	0.4521
November	0.4526	0.4474	0.4492
December	0.4508	0.4477	0.4483