YEARLY HIGH
0.0035 SAR
YEARLY LOW
0.0030 SAR
YEARLY AVERAGE
0.0032 SAR

2023 RWF to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0035. Conversely, the yearly low was recorded on December 28, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0005 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0030, the exchange rate registered a net change of -14.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was down 5.67% compared to the 2022 peak of 0.0037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 SAR
2022 Average 18 SAR
Yearly Trough Low 15 SAR
Transaction Impact: A difference of 2.74 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0035
0.0029
JanuMarcMayJulySeptNove

RWF 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 0.0034, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 SAR (High: 0.0033 / Low: 0.0032). On the other end, February was the most stable month, with a tight range of 0.0000 SAR (High: 0.0035 / Low: 0.0034).

June Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0035) against the same month in 2022 (average: 0.0037), the exchange rate shifted by -0.0002 (-4.34%).

2023 Avg (January) 0.0035
2022 Avg (January) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0035 0.0035
February 0.0035 0.0034 0.0035
March 0.0035 0.0034 0.0034
April 0.0034 0.0033 0.0034
May 0.0034 0.0033 0.0033
June 0.0033 0.0032 0.0033
July 0.0033 0.0032 0.0032
August 0.0032 0.0031 0.0032
September 0.0032 0.0031 0.0031
October 0.0031 0.0030 0.0031
November 0.0031 0.0030 0.0030
December 0.0030 0.0030 0.0030