YEARLY HIGH
0.0214 SAR
YEARLY LOW
0.0209 SAR
YEARLY AVERAGE
0.0211 SAR

2023 DJF to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0214. Conversely, the yearly low was recorded on February 4, dropping to 0.0209.

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 0.0211 to the December average rate of 0.0211, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0214 was up 0.10% compared to the 2022 peak of 0.0214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 SAR
2022 Average 105 SAR
Yearly Trough Low 104 SAR
Transaction Impact: A difference of 2.52 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0211
0.0211
JanuMarcMayJulySeptNove

DJF 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 0.0211, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0211
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 SAR (High: 0.0212 / Low: 0.0209). On the other end, May was the most stable month, with a tight range of 0.0001 SAR (High: 0.0211 / Low: 0.0210).

February Spread (Volatile) ±0.0004
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0211) against the same month in 2022 (average: 0.0211), the exchange rate shifted by +0.0001 (+0.33%).

2023 Avg (March) 0.0211
2022 Avg (March) 0.0211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0212 0.0211 0.0211
February 0.0212 0.0209 0.0211
March 0.0214 0.0211 0.0211
April 0.0213 0.0210 0.0211
May 0.0211 0.0210 0.0211
June 0.0212 0.0210 0.0211
July 0.0212 0.0211 0.0211
August 0.0212 0.0210 0.0211
September 0.0211 0.0210 0.0211
October 0.0212 0.0210 0.0211
November 0.0212 0.0210 0.0211
December 0.0211 0.0210 0.0211