YEARLY HIGH
0.0213 SAR
YEARLY LOW
0.0046 SAR
YEARLY AVERAGE
0.0144 SAR

2023 ARS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0213. Conversely, the yearly low was recorded on December 31, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0167 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0069, the exchange rate registered a net change of -66.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0213 was down 41.83% compared to the 2022 peak of 0.0366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106 SAR
2022 Average 147 SAR
Yearly Trough Low 23 SAR
Transaction Impact: A difference of 83.27 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0220
0.0055
JanuMarcMayJulySeptNove

ARS 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 0.0179, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.0179
H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0058 SAR (High: 0.0104 / Low: 0.0046). On the other end, September was the most stable month, with a tight range of 0.0000 SAR (High: 0.0107 / Low: 0.0107).

December Spread (Volatile) ±0.0058
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0038 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0206) against the same month in 2022 (average: 0.0361), the exchange rate shifted by -0.0155 (-42.86%).

2023 Avg (January) 0.0206
2022 Avg (January) 0.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0201 0.0206
February 0.0200 0.0190 0.0196
March 0.0190 0.0180 0.0185
April 0.0180 0.0169 0.0174
May 0.0169 0.0157 0.0163
June 0.0156 0.0146 0.0151
July 0.0147 0.0136 0.0141
August 0.0136 0.0107 0.0118
September 0.0107 0.0107 0.0107
October 0.0107 0.0107 0.0107
November 0.0108 0.0104 0.0106
December 0.0104 0.0046 0.0069