YEARLY HIGH
0.3572 SAR
YEARLY LOW
0.3401 SAR
YEARLY AVERAGE
0.3480 SAR

2024 TJS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.3572. Conversely, the yearly low was recorded on February 4, dropping to 0.3401.

This high-to-low spread represents a total annual volatility of 0.0171 SAR. From a start-to-finish perspective, comparing the January average rate of 0.3433 to the December average rate of 0.3442, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3572 was down 4.74% compared to the 2023 peak of 0.3750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,786 SAR
2023 Average 1,737 SAR
Yearly Trough Low 1,701 SAR
Transaction Impact: A difference of 85.30 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3549
0.3415
JanuMarcMayJulySeptNove

TJS 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 0.3448, compared to 0.3513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.3448
H2 Avg (Jul–Dec) 0.3513

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0100 SAR (High: 0.3544 / Low: 0.3445). On the other end, April was the most stable month, with a tight range of 0.0019 SAR (High: 0.3441 / Low: 0.3422).

November Spread (Volatile) ±0.0100
April Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0078 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3538) against the same month in 2023 (average: 0.3418), the exchange rate shifted by +0.0120 (+3.51%).

2024 Avg (August) 0.3538
2023 Avg (August) 0.3418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3442 0.3417 0.3433
February 0.3439 0.3401 0.3426
March 0.3439 0.3413 0.3427
April 0.3441 0.3422 0.3431
May 0.3499 0.3432 0.3458
June 0.3546 0.3471 0.3510
July 0.3544 0.3505 0.3526
August 0.3572 0.3507 0.3538
September 0.3534 0.3510 0.3524
October 0.3536 0.3512 0.3524
November 0.3544 0.3445 0.3520
December 0.3453 0.3433 0.3442