2023 GMD to SAR Historical Review

YEARLY HIGH

0.0632 SAR

YEARLY LOW

0.0556 SAR

YEARLY AVERAGE

0.0603 SAR

2023 GMD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0632. Conversely, the yearly low was recorded on December 25, dropping to 0.0556.

This high-to-low spread represents a total annual volatility of 0.0076 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0606 to the December average rate of 0.0557, the exchange rate registered a net change of -8.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0632 was down 11.34% compared to the 2022 peak of 0.0713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 316 SAR

2022 Average 340 SAR

Yearly Trough Low 278 SAR

Transaction Impact: A difference of 38.14 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0638

0.0550

JanuMarcMayJulySeptNove

GMD 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 0.0616, compared to 0.0591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0616

H2 Avg (Jul–Dec) 0.0591

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0044 SAR (High: 0.0621 / Low: 0.0577). On the other end, June was the most stable month, with a tight range of 0.0004 SAR (High: 0.0632 / Low: 0.0629).

September Spread (Volatile) ±0.0044

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0631) against the same month in 2022 (average: 0.0694), the exchange rate shifted by -0.0063 (-9.09%).

2023 Avg (June) 0.0631

2022 Avg (June) 0.0694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0614	0.0601	0.0606
February	0.0615	0.0609	0.0614
March	0.0615	0.0604	0.0612
April	0.0626	0.0602	0.0607
May	0.0630	0.0623	0.0627
June	0.0632	0.0629	0.0631
July	0.0630	0.0625	0.0629
August	0.0621	0.0616	0.0619
September	0.0621	0.0577	0.0607
October	0.0583	0.0568	0.0572
November	0.0577	0.0556	0.0561
December	0.0561	0.0556	0.0557