YEARLY HIGH
0.9640 SAR
YEARLY LOW
0.8376 SAR
YEARLY AVERAGE
0.8945 SAR

2023 PLN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.9640. Conversely, the yearly low was recorded on February 24, dropping to 0.8376.

This high-to-low spread represents a total annual volatility of 0.1264 SAR. From a start-to-finish perspective, comparing the January average rate of 0.8667 to the December average rate of 0.9458, the exchange rate registered a net change of 9.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9640 was up 1.15% compared to the 2022 peak of 0.9531, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,280 SAR
2022 Average 16,907 SAR
Yearly Trough Low 16,753 SAR
Transaction Impact: A difference of 2,527.84 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9557
0.8364
JanuMarcMayJulySeptNove

PLN 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 0.8777, compared to 0.9114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0337 points.

H1 Avg (Jan–Jun) 0.8777
H2 Avg (Jul–Dec) 0.9114

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0667 SAR (High: 0.9554 / Low: 0.8886). On the other end, May was the most stable month, with a tight range of 0.0256 SAR (High: 0.9116 / Low: 0.8859).

November Spread (Volatile) ±0.0667
May Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0473 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9458) against the same month in 2022 (average: 0.8510), the exchange rate shifted by +0.0948 (+11.14%).

2023 Avg (December) 0.9458
2022 Avg (December) 0.8510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9072 0.8446 0.8667
February 0.8787 0.8376 0.8463
March 0.8754 0.8442 0.8570
April 0.9044 0.8672 0.8866
May 0.9116 0.8859 0.8976
June 0.9298 0.8931 0.9119
July 0.9500 0.9106 0.9333
August 0.9326 0.9049 0.9179
September 0.9049 0.8504 0.8706
October 0.8975 0.8481 0.8787
November 0.9554 0.8886 0.9220
December 0.9640 0.9311 0.9458