2023 BWP to SAR Historical Review

YEARLY HIGH

0.2973 SAR

YEARLY LOW

0.2708 SAR

YEARLY AVERAGE

0.2811 SAR

2023 BWP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2973. Conversely, the yearly low was recorded on October 5, dropping to 0.2708.

This high-to-low spread represents a total annual volatility of 0.0266 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2941 to the December average rate of 0.2777, the exchange rate registered a net change of -5.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2973 was down 9.50% compared to the 2022 peak of 0.3286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,487 SAR

2022 Average 1,522 SAR

Yearly Trough Low 1,354 SAR

Transaction Impact: A difference of 132.90 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2962

0.2710

JanuMarcMayJulySeptNove

BWP 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 0.2847, compared to 0.2774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.2847

H2 Avg (Jul–Dec) 0.2774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0141 SAR (High: 0.2957 / Low: 0.2816). On the other end, October was the most stable month, with a tight range of 0.0044 SAR (High: 0.2752 / Low: 0.2708).

February Spread (Volatile) ±0.0141

October Spread (Stable) ±0.0044

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 April and May, when the average rate fell by 0.0073 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2941) against the same month in 2022 (average: 0.3233), the exchange rate shifted by -0.0292 (-9.04%).

2023 Avg (January) 0.2941

2022 Avg (January) 0.3233

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2973	0.2914	0.2941
February	0.2957	0.2816	0.2868
March	0.2884	0.2800	0.2841
April	0.2885	0.2832	0.2858
May	0.2851	0.2720	0.2785
June	0.2834	0.2720	0.2790
July	0.2888	0.2764	0.2834
August	0.2839	0.2751	0.2780
September	0.2777	0.2720	0.2748
October	0.2752	0.2708	0.2731
November	0.2810	0.2749	0.2775
December	0.2808	0.2735	0.2777