YEARLY HIGH
0.0181 SAR
YEARLY LOW
0.0176 SAR
YEARLY AVERAGE
0.0179 SAR

2023 GYD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0181. Conversely, the yearly low was recorded on February 5, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0004 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0179, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0181 was down 0.71% compared to the 2022 peak of 0.0182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 SAR
2022 Average 90 SAR
Yearly Trough Low 88 SAR
Transaction Impact: A difference of 2.17 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0180
0.0177
JanuMarcMayJulySeptNove

GYD 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 0.0178, compared to 0.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0179

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 SAR (High: 0.0181 / Low: 0.0178). On the other end, May was the most stable month, with a tight range of 0.0001 SAR (High: 0.0178 / Low: 0.0177).

March Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0178) against the same month in 2022 (average: 0.0179), the exchange rate shifted by -0.0001 (-0.60%).

2023 Avg (March) 0.0178
2022 Avg (March) 0.0179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0180 0.0178 0.0179
February 0.0179 0.0176 0.0178
March 0.0181 0.0178 0.0178
April 0.0179 0.0177 0.0177
May 0.0178 0.0177 0.0177
June 0.0178 0.0177 0.0177
July 0.0180 0.0177 0.0179
August 0.0180 0.0178 0.0179
September 0.0180 0.0179 0.0179
October 0.0180 0.0179 0.0179
November 0.0180 0.0178 0.0179
December 0.0179 0.0178 0.0179