2023 PGK to SAR Historical Review

YEARLY HIGH

1.0804 SAR

YEARLY LOW

0.9899 SAR

YEARLY AVERAGE

1.0423 SAR

2023 PGK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.0804. Conversely, the yearly low was recorded on November 24, dropping to 0.9899.

This high-to-low spread represents a total annual volatility of 0.0906 SAR. From a start-to-finish perspective, comparing the January average rate of 1.0662 to the December average rate of 1.0027, the exchange rate registered a net change of -5.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0804 was up 0.11% compared to the 2022 peak of 1.0793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,402 SAR

2022 Average 5,323 SAR

Yearly Trough Low 4,949 SAR

Transaction Impact: A difference of 452.90 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0729

0.9929

JanuMarcMayJulySeptNove

PGK 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 1.0628, compared to 1.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0410 points.

H1 Avg (Jan–Jun) 1.0628

H2 Avg (Jul–Dec) 1.0218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0414 SAR (High: 1.0655 / Low: 1.0241). On the other end, January was the most stable month, with a tight range of 0.0052 SAR (High: 1.0696 / Low: 1.0644).

August Spread (Volatile) ±0.0414

January Spread (Stable) ±0.0052

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 September and October, when the average rate fell by 0.0172 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.0661) against the same month in 2022 (average: 1.0656), the exchange rate shifted by +0.0006 (+0.05%).

2023 Avg (March) 1.0661

2022 Avg (March) 1.0656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0696	1.0644	1.0662
February	1.0660	1.0502	1.0631
March	1.0804	1.0524	1.0661
April	1.0754	1.0504	1.0638
May	1.0663	1.0433	1.0618
June	1.0657	1.0396	1.0555
July	1.0657	1.0361	1.0503
August	1.0655	1.0241	1.0370
September	1.0503	1.0170	1.0291
October	1.0262	0.9958	1.0120
November	1.0135	0.9899	0.9996
December	1.0092	0.9917	1.0027