YEARLY HIGH
0.0087 SAR
YEARLY LOW
0.0078 SAR
YEARLY AVERAGE
0.0082 SAR

2023 KZT to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0087. Conversely, the yearly low was recorded on September 27, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0009 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0082, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0087 was down 3.64% compared to the 2022 peak of 0.0090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 SAR
2022 Average 41 SAR
Yearly Trough Low 39 SAR
Transaction Impact: A difference of 4.44 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0085
0.0078
JanuMarcMayJulySeptNove

KZT 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 0.0083, compared to 0.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 SAR (High: 0.0087 / Low: 0.0081). On the other end, January was the most stable month, with a tight range of 0.0001 SAR (High: 0.0082 / Low: 0.0081).

March Spread (Volatile) ±0.0006
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0083) against the same month in 2022 (average: 0.0075), the exchange rate shifted by +0.0009 (+11.73%).

2023 Avg (March) 0.0083
2022 Avg (March) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0081 0.0081
February 0.0084 0.0081 0.0083
March 0.0087 0.0081 0.0083
April 0.0085 0.0082 0.0083
May 0.0085 0.0083 0.0084
June 0.0084 0.0083 0.0084
July 0.0085 0.0083 0.0084
August 0.0085 0.0081 0.0083
September 0.0082 0.0078 0.0080
October 0.0080 0.0078 0.0079
November 0.0082 0.0080 0.0081
December 0.0082 0.0081 0.0082