YEARLY HIGH
0.0569 SAR
YEARLY LOW
0.0371 SAR
YEARLY AVERAGE
0.0444 SAR

2023 RUB to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0569. Conversely, the yearly low was recorded on October 8, dropping to 0.0371.

This high-to-low spread represents a total annual volatility of 0.0198 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0537 to the December average rate of 0.0412, the exchange rate registered a net change of -23.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0569 was down 20.38% compared to the 2022 peak of 0.0715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285 SAR
2022 Average 279 SAR
Yearly Trough Low 185 SAR
Transaction Impact: A difference of 99.13 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0552
0.0372
JanuMarcMayJulySeptNove

RUB 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 0.0488, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.0488
H2 Avg (Jul–Dec) 0.0401

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0059 SAR (High: 0.0569 / Low: 0.0510). On the other end, September was the most stable month, with a tight range of 0.0015 SAR (High: 0.0396 / Low: 0.0381).

January Spread (Volatile) ±0.0059
September Spread (Stable) ±0.0015

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 June and July, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0537) against the same month in 2022 (average: 0.0490), the exchange rate shifted by +0.0047 (+9.55%).

2023 Avg (January) 0.0537
2022 Avg (January) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0569 0.0510 0.0537
February 0.0537 0.0493 0.0511
March 0.0500 0.0484 0.0492
April 0.0484 0.0457 0.0463
May 0.0493 0.0461 0.0474
June 0.0464 0.0422 0.0450
July 0.0427 0.0407 0.0414
August 0.0406 0.0375 0.0392
September 0.0396 0.0381 0.0388
October 0.0404 0.0371 0.0387
November 0.0425 0.0402 0.0414
December 0.0424 0.0404 0.0412