2023 IQD to SAR Historical Review

YEARLY HIGH

0.0029 SAR

YEARLY LOW

0.0025 SAR

YEARLY AVERAGE

0.0028 SAR

2023 IQD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0029. Conversely, the yearly low was recorded on February 4, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0003 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0029, the exchange rate registered a net change of 11.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0029 was up 10.81% compared to the 2022 peak of 0.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 SAR

2022 Average 13 SAR

Yearly Trough Low 13 SAR

Transaction Impact: A difference of 1.70 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0029

0.0025

JanuMarcMayJulySeptNove

IQD 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 0.0027, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0027

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 SAR (High: 0.0029 / Low: 0.0026). On the other end, January was the most stable month, with a tight range of 0.0000 SAR (High: 0.0026 / Low: 0.0026).

May Spread (Volatile) ±0.0003

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0029) against the same month in 2022 (average: 0.0026), the exchange rate shifted by +0.0003 (+11.28%).

2023 Avg (November) 0.0029

2022 Avg (November) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0026	0.0026	0.0026
February	0.0026	0.0025	0.0026
March	0.0026	0.0026	0.0026
April	0.0029	0.0026	0.0026
May	0.0029	0.0026	0.0028
June	0.0029	0.0029	0.0029
July	0.0029	0.0029	0.0029
August	0.0029	0.0028	0.0029
September	0.0029	0.0029	0.0029
October	0.0029	0.0029	0.0029
November	0.0029	0.0029	0.0029
December	0.0029	0.0028	0.0029