YEARLY HIGH
0.0244 SAR
YEARLY LOW
0.0199 SAR
YEARLY AVERAGE
0.0216 SAR

2023 LRD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0244. Conversely, the yearly low was recorded on December 25, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0045 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0242 to the December average rate of 0.0199, the exchange rate registered a net change of -17.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0244 was down 5.59% compared to the 2022 peak of 0.0259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122 SAR
2022 Average 123 SAR
Yearly Trough Low 99 SAR
Transaction Impact: A difference of 22.69 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0246
0.0195
JanuMarcMayJulySeptNove

LRD 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 0.0231, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0231
H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0013 SAR (High: 0.0222 / Low: 0.0208). On the other end, September was the most stable month, with a tight range of 0.0001 SAR (High: 0.0202 / Low: 0.0201).

June Spread (Volatile) ±0.0013
September Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0236) against the same month in 2022 (average: 0.0244), the exchange rate shifted by -0.0009 (-3.59%).

2023 Avg (March) 0.0236
2022 Avg (March) 0.0244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0239 0.0242
February 0.0244 0.0236 0.0240
March 0.0244 0.0231 0.0236
April 0.0231 0.0227 0.0230
May 0.0227 0.0222 0.0225
June 0.0222 0.0208 0.0215
July 0.0208 0.0201 0.0204
August 0.0202 0.0201 0.0201
September 0.0202 0.0201 0.0201
October 0.0201 0.0200 0.0201
November 0.0200 0.0199 0.0200
December 0.0201 0.0199 0.0199