YEARLY HIGH
0.0284 SAR
YEARLY LOW
0.0240 SAR
YEARLY AVERAGE
0.0266 SAR

2023 HTG to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0284. Conversely, the yearly low was recorded on April 18, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0044 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0284, the exchange rate registered a net change of 12.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0284 was down 25.23% compared to the 2022 peak of 0.0380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 SAR
2022 Average 162 SAR
Yearly Trough Low 120 SAR
Transaction Impact: A difference of 22.02 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0288
0.0238
JanuMarcMayJulySeptNove

HTG 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 0.0253, compared to 0.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0253
H2 Avg (Jul–Dec) 0.0279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0026 SAR (High: 0.0268 / Low: 0.0242). On the other end, December was the most stable month, with a tight range of 0.0001 SAR (High: 0.0284 / Low: 0.0283).

May Spread (Volatile) ±0.0026
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0284) against the same month in 2022 (average: 0.0260), the exchange rate shifted by +0.0024 (+9.19%).

2023 Avg (December) 0.0284
2022 Avg (December) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0255 0.0251 0.0253
February 0.0252 0.0248 0.0250
March 0.0249 0.0242 0.0245
April 0.0247 0.0240 0.0242
May 0.0268 0.0242 0.0258
June 0.0273 0.0266 0.0269
July 0.0275 0.0269 0.0272
August 0.0277 0.0274 0.0276
September 0.0279 0.0275 0.0277
October 0.0283 0.0276 0.0280
November 0.0284 0.0282 0.0283
December 0.0284 0.0283 0.0284