YEARLY HIGH
0.4239 AUD
YEARLY LOW
0.3725 AUD
YEARLY AVERAGE
0.4014 AUD

2023 SAR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.4239. Conversely, the yearly low was recorded on January 27, dropping to 0.3725.

This high-to-low spread represents a total annual volatility of 0.0515 AUD. From a start-to-finish perspective, comparing the January average rate of 0.3826 to the December average rate of 0.3978, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4239 was down 1.27% compared to the 2022 peak of 0.4294, 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 2,120 AUD
2022 Average 1,920 AUD
Yearly Trough Low 1,862 AUD
Transaction Impact: A difference of 257.33 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4238
0.3789
JanuMarcMayJulySeptNove

SAR to AUD 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 0.3943, compared to 0.4085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.3943
H2 Avg (Jul–Dec) 0.4085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0237 AUD (High: 0.3966 / Low: 0.3729). On the other end, September was the most stable month, with a tight range of 0.0075 AUD (High: 0.4200 / Low: 0.4124).

February Spread (Volatile) ±0.0237
September Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0125 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4201) against the same month in 2022 (average: 0.4184), the exchange rate shifted by +0.0017 (+0.40%).

2023 Avg (October) 0.4201
2022 Avg (October) 0.4184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3955 0.3725 0.3826
February 0.3966 0.3729 0.3871
March 0.4050 0.3937 0.3987
April 0.4034 0.3929 0.3988
May 0.4103 0.3932 0.4016
June 0.4054 0.3875 0.3968
July 0.4024 0.3869 0.3962
August 0.4181 0.4028 0.4115
September 0.4200 0.4124 0.4152
October 0.4239 0.4140 0.4201
November 0.4191 0.4006 0.4103
December 0.4071 0.3891 0.3978