2023 AWG to SAR Historical Review

YEARLY HIGH

2.1214 SAR

YEARLY LOW

2.0769 SAR

YEARLY AVERAGE

2.0833 SAR

2023 AWG to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 2.1214. Conversely, the yearly low was recorded on November 5, dropping to 2.0769.

This high-to-low spread represents a total annual volatility of 0.0445 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0855 to the December average rate of 2.0826, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1214 was up 1.26% compared to the 2022 peak of 2.0950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,607 SAR

2022 Average 10,430 SAR

Yearly Trough Low 10,385 SAR

Transaction Impact: A difference of 222.25 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0875

2.0812

JanuMarcMayJulySeptNove

AWG 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 2.0834, compared to 2.0833 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) 2.0834

H2 Avg (Jul–Dec) 2.0833

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0445 SAR (High: 2.1214 / Low: 2.0769). On the other end, June was the most stable month, with a tight range of 0.0036 SAR (High: 2.0840 / Low: 2.0804).

November Spread (Volatile) ±0.0445

June Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.0870) against the same month in 2022 (average: 2.0865), the exchange rate shifted by +0.0005 (+0.03%).

2023 Avg (November) 2.0870

2022 Avg (November) 2.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0894	2.0817	2.0855
February	2.0850	2.0809	2.0832
March	2.0873	2.0815	2.0850
April	2.0851	2.0807	2.0824
May	2.0846	2.0803	2.0821
June	2.0840	2.0804	2.0820
July	2.0840	2.0797	2.0817
August	2.0844	2.0807	2.0826
September	2.0868	2.0807	2.0830
October	2.0850	2.0800	2.0827
November	2.1214	2.0769	2.0870
December	2.0897	2.0787	2.0826