2024 SCR to SAR Historical Review

YEARLY HIGH

0.2927 SAR

YEARLY LOW

0.2490 SAR

YEARLY AVERAGE

0.2746 SAR

2024 SCR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2927. Conversely, the yearly low was recorded on December 16, dropping to 0.2490.

This high-to-low spread represents a total annual volatility of 0.0437 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2803 to the December average rate of 0.2663, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2927 was down 0.67% compared to the 2023 peak of 0.2947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,464 SAR

2023 Average 1,397 SAR

Yearly Trough Low 1,245 SAR

Transaction Impact: A difference of 218.45 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2817

0.2649

JanuMarcMayJulySeptNove

SCR 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 0.2762, compared to 0.2730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.2762

H2 Avg (Jul–Dec) 0.2730

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0434 SAR (High: 0.2926 / Low: 0.2492). On the other end, May was the most stable month, with a tight range of 0.0085 SAR (High: 0.2795 / Low: 0.2710).

August Spread (Volatile) ±0.0434

May Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2791) against the same month in 2023 (average: 0.2855), the exchange rate shifted by -0.0064 (-2.25%).

2024 Avg (September) 0.2791

2023 Avg (September) 0.2855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2872	0.2702	0.2803
February	0.2844	0.2714	0.2787
March	0.2813	0.2634	0.2760
April	0.2797	0.2611	0.2760
May	0.2795	0.2710	0.2746
June	0.2767	0.2553	0.2716
July	0.2777	0.2658	0.2719
August	0.2926	0.2492	0.2734
September	0.2927	0.2688	0.2791
October	0.2872	0.2495	0.2741
November	0.2804	0.2626	0.2732
December	0.2824	0.2490	0.2663