YEARLY HIGH
2.6848 SAR
YEARLY LOW
2.3589 SAR
YEARLY AVERAGE
2.4935 SAR

2023 AUD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 2.6848. Conversely, the yearly low was recorded on October 13, dropping to 2.3589.

This high-to-low spread represents a total annual volatility of 0.3259 SAR. From a start-to-finish perspective, comparing the January average rate of 2.6141 to the December average rate of 2.5146, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6848 was down 5.65% compared to the 2022 peak of 2.8455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,424 SAR
2022 Average 13,043 SAR
Yearly Trough Low 11,794 SAR
Transaction Impact: A difference of 1,629.72 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6375
2.3574
JanuMarcMayJulySeptNove

AUD 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 2.5376, compared to 2.4494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0882 points.

H1 Avg (Jan–Jun) 2.5376
H2 Avg (Jul–Dec) 2.4494

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1606 SAR (High: 2.6820 / Low: 2.5214). On the other end, September was the most stable month, with a tight range of 0.0435 SAR (High: 2.4246 / Low: 2.3811).

February Spread (Volatile) ±0.1606
September Spread (Stable) ±0.0435

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0934 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.6141) against the same month in 2022 (average: 2.6918), the exchange rate shifted by -0.0777 (-2.89%).

2023 Avg (January) 2.6141
2022 Avg (January) 2.6918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6848 2.5285 2.6141
February 2.6820 2.5214 2.5837
March 2.5401 2.4690 2.5086
April 2.5453 2.4789 2.5080
May 2.5430 2.4370 2.4907
June 2.5804 2.4666 2.5204
July 2.5844 2.4853 2.5240
August 2.4829 2.3916 2.4306
September 2.4246 2.3811 2.4087
October 2.4155 2.3589 2.3807
November 2.4964 2.3860 2.4378
December 2.5697 2.4566 2.5146