YEARLY HIGH
0.4320 SAR
YEARLY LOW
0.4247 SAR
YEARLY AVERAGE
0.4289 SAR

2024 SVC to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4320. Conversely, the yearly low was recorded on February 4, dropping to 0.4247.

This high-to-low spread represents a total annual volatility of 0.0073 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4287 to the December average rate of 0.4295, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4320 was down 0.79% compared to the 2023 peak of 0.4354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,160 SAR
2023 Average 2,145 SAR
Yearly Trough Low 2,124 SAR
Transaction Impact: A difference of 36.39 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4295
0.4284
JanuMarcMayJulySeptNove

SVC 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 0.4287, compared to 0.4290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.4287
H2 Avg (Jul–Dec) 0.4290

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0048 SAR (High: 0.4295 / Low: 0.4247). On the other end, July was the most stable month, with a tight range of 0.0016 SAR (High: 0.4299 / Low: 0.4283).

February Spread (Volatile) ±0.0048
July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4292) against the same month in 2023 (average: 0.4287), the exchange rate shifted by +0.0005 (+0.12%).

2024 Avg (August) 0.4292
2023 Avg (August) 0.4287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4298 0.4274 0.4287
February 0.4295 0.4247 0.4285
March 0.4305 0.4274 0.4289
April 0.4299 0.4274 0.4289
May 0.4309 0.4280 0.4288
June 0.4298 0.4258 0.4287
July 0.4299 0.4283 0.4288
August 0.4320 0.4277 0.4292
September 0.4301 0.4280 0.4288
October 0.4294 0.4274 0.4289
November 0.4310 0.4268 0.4291
December 0.4310 0.4287 0.4295