YEARLY HIGH
0.0465 SAR
YEARLY LOW
0.0448 SAR
YEARLY AVERAGE
0.0454 SAR

2023 BTN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0465. Conversely, the yearly low was recorded on December 28, dropping to 0.0448.

This high-to-low spread represents a total annual volatility of 0.0016 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0459 to the December average rate of 0.0450, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0465 was down 8.56% compared to the 2022 peak of 0.0508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232 SAR
2022 Average 239 SAR
Yearly Trough Low 224 SAR
Transaction Impact: A difference of 8.10 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0460
0.0449
JanuMarcMayJulySeptNove

BTN 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 0.0457, compared to 0.0452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0457
H2 Avg (Jul–Dec) 0.0452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0010 SAR (High: 0.0463 / Low: 0.0453). On the other end, October was the most stable month, with a tight range of 0.0002 SAR (High: 0.0453 / Low: 0.0450).

January Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0458) against the same month in 2022 (average: 0.0492), the exchange rate shifted by -0.0034 (-6.93%).

2023 Avg (April) 0.0458
2022 Avg (April) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0463 0.0453 0.0459
February 0.0459 0.0452 0.0454
March 0.0461 0.0453 0.0457
April 0.0465 0.0455 0.0458
May 0.0460 0.0453 0.0456
June 0.0460 0.0454 0.0456
July 0.0460 0.0453 0.0457
August 0.0456 0.0450 0.0453
September 0.0453 0.0450 0.0452
October 0.0453 0.0450 0.0451
November 0.0453 0.0450 0.0451
December 0.0452 0.0448 0.0450