2023 AZN to SAR Historical Review

YEARLY HIGH

2.2126 SAR

YEARLY LOW

2.1991 SAR

YEARLY AVERAGE

2.2067 SAR

2023 AZN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.2126. Conversely, the yearly low was recorded on November 5, dropping to 2.1991.

This high-to-low spread represents a total annual volatility of 0.0135 SAR. From a start-to-finish perspective, comparing the January average rate of 2.2095 to the December average rate of 2.2065, 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 2.2126 was down 0.14% compared to the 2022 peak of 2.2156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,063 SAR

2022 Average 11,044 SAR

Yearly Trough Low 10,995 SAR

Transaction Impact: A difference of 67.40 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2099

2.2051

JanuMarcMayJulySeptNove

AZN 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 2.2072, compared to 2.2062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 2.2072

H2 Avg (Jul–Dec) 2.2062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0085 SAR (High: 2.2126 / Low: 2.2041). On the other end, May was the most stable month, with a tight range of 0.0014 SAR (High: 2.2072 / Low: 2.2058).

December Spread (Volatile) ±0.0085

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.2065) against the same month in 2022 (average: 2.2118), the exchange rate shifted by -0.0053 (-0.24%).

2023 Avg (December) 2.2065

2022 Avg (December) 2.2118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2123	2.2072	2.2095
February	2.2077	2.2045	2.2068
March	2.2101	2.2027	2.2083
April	2.2077	2.2060	2.2065
May	2.2072	2.2058	2.2061
June	2.2067	2.1994	2.2059
July	2.2074	2.1994	2.2061
August	2.2071	2.2039	2.2065
September	2.2066	2.2037	2.2062
October	2.2077	2.2029	2.2064
November	2.2068	2.1991	2.2055
December	2.2126	2.2041	2.2065