YEARLY HIGH
0.0003 SAR
YEARLY LOW
0.0002 SAR
YEARLY AVERAGE
0.0002 SAR

2023 IDR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0003. Conversely, the yearly low was recorded on October 26, dropping to 0.0002.

This high-to-low spread represents a total annual volatility of 0.0000 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0002 to the December average rate of 0.0002, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0003 was down 3.02% compared to the 2022 peak of 0.0003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,557 SAR
2022 Average 2,531 SAR
Yearly Trough Low 2,355 SAR
Transaction Impact: A difference of 201.59 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0003
0.0002
JanuMarcMayJulySeptNove

IDR 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 0.0002, compared to 0.0002 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) 0.0002
H2 Avg (Jul–Dec) 0.0002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0000 SAR (High: 0.0003 / Low: 0.0002). On the other end, August was the most stable month, with a tight range of 0.0000 SAR (High: 0.0002 / Low: 0.0002).

January Spread (Volatile) ±0.0000
August Spread (Stable) ±0.0000

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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0003) against the same month in 2022 (average: 0.0003), the exchange rate shifted by -0.0000 (-3.18%).

2023 Avg (April) 0.0003
2022 Avg (April) 0.0003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0003 0.0002 0.0002
February 0.0003 0.0002 0.0002
March 0.0003 0.0002 0.0002
April 0.0003 0.0002 0.0003
May 0.0003 0.0002 0.0003
June 0.0003 0.0002 0.0003
July 0.0003 0.0002 0.0002
August 0.0002 0.0002 0.0002
September 0.0002 0.0002 0.0002
October 0.0002 0.0002 0.0002
November 0.0002 0.0002 0.0002
December 0.0002 0.0002 0.0002