2023 NAD to SAR Historical Review

YEARLY HIGH

0.2234 SAR

YEARLY LOW

0.1856 SAR

YEARLY AVERAGE

0.2031 SAR

2023 NAD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2234. Conversely, the yearly low was recorded on October 28, dropping to 0.1856.

This high-to-low spread represents a total annual volatility of 0.0378 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2199 to the December average rate of 0.2008, the exchange rate registered a net change of -8.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2234 was down 13.47% compared to the 2022 peak of 0.2582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,117 SAR

2022 Average 1,156 SAR

Yearly Trough Low 928 SAR

Transaction Impact: A difference of 189.06 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2225

0.1924

JanuMarcMayJulySeptNove

NAD 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 0.2064, compared to 0.1997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.2064

H2 Avg (Jul–Dec) 0.1997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0187 SAR (High: 0.2061 / Low: 0.1874). On the other end, September was the most stable month, with a tight range of 0.0049 SAR (High: 0.2000 / Low: 0.1952).

November Spread (Volatile) ±0.0187

September Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0100 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2199) against the same month in 2022 (average: 0.2421), the exchange rate shifted by -0.0222 (-9.16%).

2023 Avg (January) 0.2199

2022 Avg (January) 0.2421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2234	0.2172	0.2199
February	0.2200	0.2037	0.2099
March	0.2099	0.2019	0.2054
April	0.2117	0.2026	0.2064
May	0.2053	0.1902	0.1966
June	0.2063	0.1902	0.2003
July	0.2128	0.1990	0.2057
August	0.2052	0.1892	0.1991
September	0.2000	0.1952	0.1977
October	0.1998	0.1856	0.1949
November	0.2061	0.1874	0.2001
December	0.2058	0.1965	0.2008