2023 SAR to STD Historical Review

YEARLY HIGH

6090.1262 STD

YEARLY LOW

5923.8317 STD

YEARLY AVERAGE

6022.0608 STD

2023 SAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 6090.1262. Conversely, the yearly low was recorded on December 17, dropping to 5923.8317.

This high-to-low spread represents a total annual volatility of 166.2945 STD. From a start-to-finish perspective, comparing the January average rate of 6076.2990 to the December average rate of 5940.2172, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6090.1262 was down 3.34% compared to the 2022 peak of 6300.3921, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,450,631 STD

2022 Average 29,523,227 STD

Yearly Trough Low 29,619,159 STD

Transaction Impact: A difference of 831,472.55 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6100.3772

5925.4779

JanuMarcMayJulySeptNove

SAR to STD 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 6082.4793, compared to 5961.6424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 120.8370 points.

H1 Avg (Jan–Jun) 6082.4793

H2 Avg (Jul–Dec) 5961.6424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 149.4279 STD (High: 6088.5504 / Low: 5939.1225). On the other end, June was the most stable month, with a tight range of 3.3395 STD (High: 6087.4169 / Low: 6084.0774).

July Spread (Volatile) ±149.4279

June Spread (Stable) ±3.3395

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 126.4165 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -126.4165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 6083.9165) against the same month in 2022 (average: 5636.0802), the exchange rate shifted by +447.8363 (+7.95%).

2023 Avg (February) 6083.9165

2022 Avg (February) 5636.0802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6082.7624	6068.7576	6076.2990
February	6090.1262	6081.4253	6083.9165
March	6082.9764	6074.8649	6078.5983
April	6086.1427	6081.3702	6084.5933
May	6086.6896	6082.7721	6085.8022
June	6087.4169	6084.0774	6085.6667
July	6088.5504	5939.1225	6066.4693
August	5947.1166	5938.6461	5940.0529
September	5947.7182	5940.0107	5940.8848
October	5949.8242	5936.9893	5940.5144
November	5960.1420	5939.3489	5941.7156
December	5946.6864	5923.8317	5940.2172

૨૦૨૫ SAR થી STD ઐતિહાસિક સમીક્ષા