2023 ILS to SAR Historical Review

YEARLY HIGH

1.1162 SAR

YEARLY LOW

0.9199 SAR

YEARLY AVERAGE

1.0195 SAR

2023 ILS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.1162. Conversely, the yearly low was recorded on October 26, dropping to 0.9199.

This high-to-low spread represents a total annual volatility of 0.1963 SAR. From a start-to-finish perspective, comparing the January average rate of 1.0909 to the December average rate of 1.0239, the exchange rate registered a net change of -6.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1162 was down 8.29% compared to the 2022 peak of 1.2171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,581 SAR

2022 Average 5,598 SAR

Yearly Trough Low 4,599 SAR

Transaction Impact: A difference of 981.56 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1057

0.9283

JanuMarcMayJulySeptNove

ILS 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 1.0455, compared to 0.9936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0519 points.

H1 Avg (Jan–Jun) 1.0455

H2 Avg (Jul–Dec) 0.9936

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0845 SAR (High: 1.1068 / Low: 1.0222). On the other end, September was the most stable month, with a tight range of 0.0127 SAR (High: 0.9881 / Low: 0.9754).

February Spread (Volatile) ±0.0845

September Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between October and December, 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 0.0396 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0909) against the same month in 2022 (average: 1.1967), the exchange rate shifted by -0.1059 (-8.85%).

2023 Avg (January) 1.0909

2022 Avg (January) 1.1967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1162	1.0582	1.0909
February	1.1068	1.0222	1.0591
March	1.0597	1.0225	1.0386
April	1.0490	1.0215	1.0320
May	1.0361	1.0042	1.0219
June	1.0552	1.0000	1.0303
July	1.0449	1.0088	1.0233
August	1.0318	0.9862	1.0019
September	0.9881	0.9754	0.9827
October	0.9849	0.9199	0.9431
November	1.0183	0.9345	0.9866
December	1.0414	1.0073	1.0239