2023 BZD to SAR Historical Review

YEARLY HIGH

1.8901 SAR

YEARLY LOW

1.8446 SAR

YEARLY AVERAGE

1.8622 SAR

2023 BZD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.8901. Conversely, the yearly low was recorded on February 5, dropping to 1.8446.

This high-to-low spread represents a total annual volatility of 0.0455 SAR. From a start-to-finish perspective, comparing the January average rate of 1.8635 to the December average rate of 1.8590, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8901 was up 0.17% compared to the 2022 peak of 1.8868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,450 SAR

2022 Average 9,315 SAR

Yearly Trough Low 9,223 SAR

Transaction Impact: A difference of 227.52 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8683

1.8581

JanuMarcMayJulySeptNove

BZD 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 1.8629, compared to 1.8615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 1.8629

H2 Avg (Jul–Dec) 1.8615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0288 SAR (High: 1.8901 / Low: 1.8613). On the other end, January was the most stable month, with a tight range of 0.0091 SAR (High: 1.8696 / Low: 1.8605).

March Spread (Volatile) ±0.0288

January Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.8675) against the same month in 2022 (average: 1.8618), the exchange rate shifted by +0.0056 (+0.30%).

2023 Avg (March) 1.8675

2022 Avg (March) 1.8618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8696	1.8605	1.8635
February	1.8722	1.8446	1.8610
March	1.8901	1.8613	1.8675
April	1.8857	1.8582	1.8629
May	1.8664	1.8572	1.8615
June	1.8725	1.8538	1.8609
July	1.8783	1.8578	1.8630
August	1.8732	1.8544	1.8610
September	1.8676	1.8567	1.8611
October	1.8690	1.8576	1.8621
November	1.8700	1.8592	1.8626
December	1.8625	1.8508	1.8590