YEARLY HIGH
0.0019 SAR
YEARLY LOW
0.0013 SAR
YEARLY AVERAGE
0.0016 SAR

2023 CDF to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0019. Conversely, the yearly low was recorded on December 21, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0005 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0014, the exchange rate registered a net change of -24.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was down 1.70% compared to the 2022 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 SAR
2022 Average 9 SAR
Yearly Trough Low 7 SAR
Transaction Impact: A difference of 2.55 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019
0.0013
JanuMarcMayJulySeptNove

CDF 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 0.0018, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 SAR (High: 0.0018 / Low: 0.0016). On the other end, September was the most stable month, with a tight range of 0.0000 SAR (High: 0.0015 / Low: 0.0015).

May Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0018) against the same month in 2022 (average: 0.0019), the exchange rate shifted by -0.0000 (-2.03%).

2023 Avg (January) 0.0018
2022 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0018
February 0.0018 0.0018 0.0018
March 0.0018 0.0018 0.0018
April 0.0018 0.0017 0.0018
May 0.0018 0.0016 0.0017
June 0.0016 0.0016 0.0016
July 0.0016 0.0015 0.0015
August 0.0015 0.0015 0.0015
September 0.0015 0.0015 0.0015
October 0.0015 0.0014 0.0015
November 0.0015 0.0014 0.0015
December 0.0014 0.0013 0.0014