2023 SAR to AED Historical Review

YEARLY HIGH

0.9825 AED

YEARLY LOW

0.9764 AED

YEARLY AVERAGE

0.9790 AED

2023 SAR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.9825. Conversely, the yearly low was recorded on December 17, dropping to 0.9764.

This high-to-low spread represents a total annual volatility of 0.0061 AED. From a start-to-finish perspective, comparing the January average rate of 0.9778 to the December average rate of 0.9791, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9825 was up 0.29% compared to the 2022 peak of 0.9796, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,912 AED

2022 Average 4,891 AED

Yearly Trough Low 4,882 AED

Transaction Impact: A difference of 30.43 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9796

0.9777

JanuMarcMayJulySeptNove

SAR to AED 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 0.9788, compared to 0.9793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.9788

H2 Avg (Jul–Dec) 0.9793

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0037 AED (High: 0.9802 / Low: 0.9764). On the other end, June was the most stable month, with a tight range of 0.0005 AED (High: 0.9796 / Low: 0.9791).

December Spread (Volatile) ±0.0037

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.9794) against the same month in 2022 (average: 0.9772), the exchange rate shifted by +0.0022 (+0.22%).

2023 Avg (November) 0.9794

2022 Avg (November) 0.9772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9789	0.9765	0.9778
February	0.9801	0.9787	0.9791
March	0.9789	0.9775	0.9781
April	0.9793	0.9786	0.9790
May	0.9794	0.9787	0.9792
June	0.9796	0.9791	0.9793
July	0.9798	0.9788	0.9793
August	0.9803	0.9789	0.9792
September	0.9804	0.9791	0.9793
October	0.9808	0.9787	0.9793
November	0.9825	0.9789	0.9794
December	0.9802	0.9764	0.9791