YEARLY HIGH
0.0360 SAR
YEARLY LOW
0.0335 SAR
YEARLY AVERAGE
0.0346 SAR

2023 RSD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0360. Conversely, the yearly low was recorded on October 3, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0025 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0345 to the December average rate of 0.0349, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0360 was down 1.53% compared to the 2022 peak of 0.0365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 180 SAR
2022 Average 168 SAR
Yearly Trough Low 167 SAR
Transaction Impact: A difference of 12.52 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0355
0.0336
JanuMarcMayJulySeptNove

RSD 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 0.0346, compared to 0.0346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0346
H2 Avg (Jul–Dec) 0.0346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0015 SAR (High: 0.0352 / Low: 0.0337). On the other end, October was the most stable month, with a tight range of 0.0007 SAR (High: 0.0342 / Low: 0.0335).

February Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0007

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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0354) against the same month in 2022 (average: 0.0326), the exchange rate shifted by +0.0028 (+8.46%).

2023 Avg (July) 0.0354
2022 Avg (July) 0.0326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0349 0.0337 0.0345
February 0.0352 0.0337 0.0342
March 0.0349 0.0338 0.0343
April 0.0355 0.0347 0.0351
May 0.0354 0.0342 0.0348
June 0.0352 0.0342 0.0347
July 0.0360 0.0347 0.0354
August 0.0352 0.0345 0.0349
September 0.0345 0.0336 0.0341
October 0.0342 0.0335 0.0338
November 0.0352 0.0339 0.0346
December 0.0356 0.0344 0.0349