2023 SAR to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 114.1070. Conversely, the yearly low was recorded on March 18, dropping to 101.9435.
This high-to-low spread represents a total annual volatility of 12.1636 AMD. From a start-to-finish perspective, comparing the January average rate of 105.3018 to the December average rate of 107.8126, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 114.1070 was down 17.47% compared to the 2022 peak of 138.2654, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SAR to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 103.8872, compared to 105.3355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4483 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 8.4772 AMD (High: 114.1070 / Low: 105.6299). On the other end, June was the most stable month, with a tight range of 0.8415 AMD (High: 103.2612 / Low: 102.4196).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6532 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 107.7116) against the same month in 2022 (average: 107.3981), the exchange rate shifted by +0.3135 (+0.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.6461 | 104.3180 | 105.3018 |
| February | 106.5749 | 103.7147 | 105.0410 |
| March | 103.9275 | 101.9435 | 103.3877 |
| April | 104.2444 | 102.3052 | 103.5017 |
| May | 103.5718 | 102.6639 | 103.0779 |
| June | 103.2612 | 102.4196 | 103.0134 |
| July | 104.1572 | 102.3160 | 103.2874 |
| August | 103.7655 | 102.4874 | 103.0229 |
| September | 105.8809 | 102.0815 | 103.0184 |
| October | 114.1070 | 105.6299 | 107.7116 |
| November | 107.4696 | 106.3741 | 107.1603 |
| December | 108.5030 | 107.2686 | 107.8126 |