YEARLY HIGH
0.0015 SAR
YEARLY LOW
0.0003 SAR
YEARLY AVERAGE
0.0015 SAR

2024 SYP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0015. Conversely, the yearly low was recorded on December 24, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0012 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0011, the exchange rate registered a net change of -28.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0015 was down 0.07% compared to the 2023 peak of 0.0015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 SAR
2023 Average 7 SAR
Yearly Trough Low 1 SAR
Transaction Impact: A difference of 6.04 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0015
0.0010
JanuMarcMayJulySeptNove

SYP 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 0.0015, compared to 0.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0015
H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0012 SAR (High: 0.0015 / Low: 0.0003). On the other end, May was the most stable month, with a tight range of 0.0000 SAR (High: 0.0015 / Low: 0.0015).

December Spread (Volatile) ±0.0012
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0011) against the same month in 2023 (average: 0.0015), the exchange rate shifted by -0.0004 (-28.51%).

2024 Avg (December) 0.0011
2023 Avg (December) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0015 0.0015 0.0015
February 0.0015 0.0015 0.0015
March 0.0015 0.0015 0.0015
April 0.0015 0.0015 0.0015
May 0.0015 0.0015 0.0015
June 0.0015 0.0015 0.0015
July 0.0015 0.0015 0.0015
August 0.0015 0.0015 0.0015
September 0.0015 0.0015 0.0015
October 0.0015 0.0015 0.0015
November 0.0015 0.0015 0.0015
December 0.0015 0.0003 0.0011