2024 SRD to SAR Historical Review

YEARLY HIGH

0.1310 SAR

YEARLY LOW

0.1015 SAR

YEARLY AVERAGE

0.1140 SAR

2024 SRD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.1310. Conversely, the yearly low was recorded on January 18, dropping to 0.1015.

This high-to-low spread represents a total annual volatility of 0.0294 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1022 to the December average rate of 0.1067, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1310 was up 9.94% compared to the 2023 peak of 0.1191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 655 SAR

2023 Average 514 SAR

Yearly Trough Low 508 SAR

Transaction Impact: A difference of 147.23 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1331

0.0994

JanuMarcMayJulySeptNove

SRD 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 0.1092, compared to 0.1187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.1092

H2 Avg (Jul–Dec) 0.1187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0130 SAR (High: 0.1222 / Low: 0.1093). On the other end, December was the most stable month, with a tight range of 0.0010 SAR (High: 0.1071 / Low: 0.1061).

October Spread (Volatile) ±0.0130

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0108 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1303) against the same month in 2023 (average: 0.0980), the exchange rate shifted by +0.0323 (+32.95%).

2024 Avg (August) 0.1303

2023 Avg (August) 0.0980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1030	0.1015	0.1022
February	0.1062	0.1021	0.1037
March	0.1076	0.1057	0.1065
April	0.1109	0.1069	0.1084
May	0.1167	0.1109	0.1150
June	0.1225	0.1164	0.1197
July	0.1300	0.1217	0.1264
August	0.1310	0.1298	0.1303
September	0.1299	0.1221	0.1264
October	0.1222	0.1093	0.1156
November	0.1093	0.1056	0.1067
December	0.1071	0.1061	0.1067