2023 QAR to SAR Historical Review

YEARLY HIGH

1.0422 SAR

YEARLY LOW

1.0189 SAR

YEARLY AVERAGE

1.0297 SAR

2023 QAR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.0422. Conversely, the yearly low was recorded on February 4, dropping to 1.0189.

This high-to-low spread represents a total annual volatility of 0.0233 SAR. From a start-to-finish perspective, comparing the January average rate of 1.0308 to the December average rate of 1.0292, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0422 was up 0.72% compared to the 2022 peak of 1.0347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,211 SAR

2022 Average 5,153 SAR

Yearly Trough Low 5,094 SAR

Transaction Impact: A difference of 116.49 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0310

1.0285

JanuMarcMayJulySeptNove

QAR 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 1.0296, compared to 1.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.0296

H2 Avg (Jul–Dec) 1.0298

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0230 SAR (High: 1.0422 / Low: 1.0192). On the other end, May was the most stable month, with a tight range of 0.0022 SAR (High: 1.0309 / Low: 1.0288).

April Spread (Volatile) ±0.0230

May Spread (Stable) ±0.0022

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 January and February, when the average rate fell by 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.0290) against the same month in 2022 (average: 1.0300), the exchange rate shifted by -0.0010 (-0.09%).

2023 Avg (April) 1.0290

2022 Avg (April) 1.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0329	1.0237	1.0308
February	1.0347	1.0189	1.0287
March	1.0406	1.0221	1.0296
April	1.0422	1.0192	1.0290
May	1.0309	1.0288	1.0300
June	1.0313	1.0247	1.0297
July	1.0339	1.0285	1.0303
August	1.0305	1.0253	1.0294
September	1.0303	1.0281	1.0298
October	1.0306	1.0274	1.0296
November	1.0364	1.0278	1.0304
December	1.0316	1.0254	1.0292