2023 SAR to BBD Historical Review

YEARLY HIGH

0.5350 BBD

YEARLY LOW

0.5317 BBD

YEARLY AVERAGE

0.5331 BBD

2023 SAR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.5350. Conversely, the yearly low was recorded on December 17, dropping to 0.5317.

This high-to-low spread represents a total annual volatility of 0.0033 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5324 to the December average rate of 0.5332, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5350 was up 0.29% compared to the 2022 peak of 0.5334, 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 2,675 BBD

2022 Average 2,663 BBD

Yearly Trough Low 2,659 BBD

Transaction Impact: A difference of 16.30 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5334

0.5324

JanuMarcMayJulySeptNove

SAR to BBD 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 0.5330, compared to 0.5332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.5330

H2 Avg (Jul–Dec) 0.5332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0021 BBD (High: 0.5338 / Low: 0.5317). On the other end, June was the most stable month, with a tight range of 0.0003 BBD (High: 0.5334 / Low: 0.5331).

December Spread (Volatile) ±0.0021

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5333) against the same month in 2022 (average: 0.5321), the exchange rate shifted by +0.0012 (+0.23%).

2023 Avg (November) 0.5333

2022 Avg (November) 0.5321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5330	0.5318	0.5324
February	0.5337	0.5329	0.5331
March	0.5330	0.5323	0.5326
April	0.5333	0.5329	0.5332
May	0.5334	0.5330	0.5333
June	0.5334	0.5331	0.5333
July	0.5335	0.5330	0.5332
August	0.5338	0.5330	0.5332
September	0.5339	0.5332	0.5332
October	0.5341	0.5329	0.5332
November	0.5350	0.5331	0.5333
December	0.5338	0.5317	0.5332