2023 JPY to SAR Historical Review

YEARLY HIGH

0.0294 SAR

YEARLY LOW

0.0247 SAR

YEARLY AVERAGE

0.0268 SAR

2023 JPY to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0294. Conversely, the yearly low was recorded on November 13, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0046 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0261, the exchange rate registered a net change of -9.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0294 was down 10.98% compared to the 2022 peak of 0.0330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 14,684 SAR

2022 Average 14,376 SAR

Yearly Trough Low 12,367 SAR

Transaction Impact: A difference of 2,317.33 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0292

0.0247

JanuMarcMayJulySeptNove

JPY 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 0.0279, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0279

H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0017 SAR (High: 0.0292 / Low: 0.0275). On the other end, October was the most stable month, with a tight range of 0.0005 SAR (High: 0.0253 / Low: 0.0248).

February Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0289) against the same month in 2022 (average: 0.0327), the exchange rate shifted by -0.0038 (-11.69%).

2023 Avg (January) 0.0289

2022 Avg (January) 0.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0294	0.0282	0.0289
February	0.0292	0.0275	0.0282
March	0.0287	0.0273	0.0281
April	0.0287	0.0275	0.0281
May	0.0280	0.0266	0.0273
June	0.0270	0.0259	0.0265
July	0.0272	0.0259	0.0266
August	0.0265	0.0256	0.0259
September	0.0257	0.0251	0.0254
October	0.0253	0.0248	0.0251
November	0.0255	0.0247	0.0250
December	0.0266	0.0255	0.0261