YEARLY HIGH
2.1981 SAR
YEARLY LOW
1.8435 SAR
YEARLY AVERAGE
2.0238 SAR

2022 BGN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 2.1981. Conversely, the yearly low was recorded on September 27, dropping to 1.8435.

This high-to-low spread represents a total annual volatility of 0.3546 SAR. From a start-to-finish perspective, comparing the January average rate of 2.1720 to the December average rate of 2.0344, the exchange rate registered a net change of -6.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1981 was down 7.06% compared to the 2021 peak of 2.3649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,990 SAR
2021 Average 11,344 SAR
Yearly Trough Low 9,217 SAR
Transaction Impact: A difference of 1,772.85 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2055
1.8614
JanuMarcMayJulySeptNove

BGN 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 2.0983, compared to 1.9492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1491 points.

H1 Avg (Jan–Jun) 2.0983
H2 Avg (Jul–Dec) 1.9492

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1270 SAR (High: 2.0000 / Low: 1.8730). On the other end, February was the most stable month, with a tight range of 0.0466 SAR (High: 2.1943 / Low: 2.1477).

November Spread (Volatile) ±0.1270
February Spread (Stable) ±0.0466

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0707 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.1720) against the same month in 2021 (average: 2.3344), the exchange rate shifted by -0.1624 (-6.96%).

2022 Avg (January) 2.1720
2021 Avg (January) 2.3344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1981 2.1378 2.1720
February 2.1943 2.1477 2.1768
March 2.1407 2.0828 2.1114
April 2.1186 2.0135 2.0747
May 2.0679 1.9885 2.0277
June 2.0601 1.9970 2.0273
July 1.9983 1.9242 1.9566
August 1.9836 1.9084 1.9433
September 1.9464 1.8435 1.9057
October 1.9383 1.8643 1.8901
November 2.0000 1.8730 1.9650
December 2.0572 2.0077 2.0344