2024 SZL to SAR Historical Review

YEARLY HIGH

0.2184 SAR

YEARLY LOW

0.1945 SAR

YEARLY AVERAGE

0.2050 SAR

2024 SZL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2184. Conversely, the yearly low was recorded on February 26, dropping to 0.1945.

This high-to-low spread represents a total annual volatility of 0.0239 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1997 to the December average rate of 0.2062, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2184 was down 2.16% compared to the 2023 peak of 0.2232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,092 SAR

2023 Average 1,018 SAR

Yearly Trough Low 973 SAR

Transaction Impact: A difference of 119.26 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2154

0.1961

JanuMarcMayJulySeptNove

SZL 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 0.2005, compared to 0.2095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.2005

H2 Avg (Jul–Dec) 0.2095

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0136 SAR (High: 0.2128 / Low: 0.1992). On the other end, October was the most stable month, with a tight range of 0.0052 SAR (High: 0.2169 / Low: 0.2118).

December Spread (Volatile) ±0.0136

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2130) against the same month in 2023 (average: 0.1979), the exchange rate shifted by +0.0151 (+7.65%).

2024 Avg (September) 0.2130

2023 Avg (September) 0.1979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2030	0.1960	0.1997
February	0.2016	0.1945	0.1977
March	0.2016	0.1959	0.1991
April	0.2027	0.1954	0.1990
May	0.2068	0.2011	0.2039
June	0.2097	0.1971	0.2036
July	0.2089	0.2032	0.2058
August	0.2128	0.2022	0.2082
September	0.2184	0.2087	0.2130
October	0.2169	0.2118	0.2138
November	0.2156	0.2058	0.2098
December	0.2128	0.1992	0.2062