2023 NPR to SAR Historical Review

YEARLY HIGH

0.0290 SAR

YEARLY LOW

0.0280 SAR

YEARLY AVERAGE

0.0284 SAR

2023 NPR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0290. Conversely, the yearly low was recorded on December 28, dropping to 0.0280.

This high-to-low spread represents a total annual volatility of 0.0010 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0287 to the December average rate of 0.0281, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0290 was down 8.56% compared to the 2022 peak of 0.0318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 SAR

2022 Average 150 SAR

Yearly Trough Low 140 SAR

Transaction Impact: A difference of 5.06 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0287

0.0281

JanuMarcMayJulySeptNove

NPR 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 0.0285, compared to 0.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0285

H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 SAR (High: 0.0290 / Low: 0.0283). On the other end, October was the most stable month, with a tight range of 0.0001 SAR (High: 0.0283 / Low: 0.0281).

January Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0286) against the same month in 2022 (average: 0.0308), the exchange rate shifted by -0.0021 (-6.93%).

2023 Avg (April) 0.0286

2022 Avg (April) 0.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0290	0.0283	0.0287
February	0.0287	0.0283	0.0284
March	0.0288	0.0283	0.0285
April	0.0290	0.0285	0.0286
May	0.0287	0.0283	0.0285
June	0.0288	0.0284	0.0285
July	0.0288	0.0283	0.0286
August	0.0285	0.0281	0.0283
September	0.0283	0.0281	0.0282
October	0.0283	0.0281	0.0282
November	0.0283	0.0281	0.0282
December	0.0282	0.0280	0.0281