2023 SAR to BIF Historical Review

YEARLY HIGH

762.7673 BIF

YEARLY LOW

546.1863 BIF

YEARLY AVERAGE

678.5829 BIF

2023 SAR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 762.7673. Conversely, the yearly low was recorded on March 18, dropping to 546.1863.

This high-to-low spread represents a total annual volatility of 216.5810 BIF. From a start-to-finish perspective, comparing the January average rate of 550.7955 to the December average rate of 759.9943, the exchange rate registered a net change of 37.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 762.7673 was up 38.01% compared to the 2022 peak of 552.7057, 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 3,813,836 BIF

2022 Average 2,719,354 BIF

Yearly Trough Low 2,730,931 BIF

Transaction Impact: A difference of 1,082,905.00 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

780.9142

529.8756

JanuMarcMayJulySeptNove

SAR to BIF 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 600.5075, compared to 756.6582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 156.1507 points.

H1 Avg (Jan–Jun) 600.5075

H2 Avg (Jul–Dec) 756.6582

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 199.3684 BIF (High: 753.3163 / Low: 553.9479). On the other end, January was the most stable month, with a tight range of 4.0554 BIF (High: 552.6773 / Low: 548.6220).

May Spread (Volatile) ±199.3684

January Spread (Stable) ±4.0554

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0052 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 759.9943) against the same month in 2022 (average: 549.7642), the exchange rate shifted by +210.2301 (+38.24%).

2023 Avg (December) 759.9943

2022 Avg (December) 549.7642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	552.6773	548.6220	550.7955
February	556.8881	550.3394	552.6305
March	555.6562	546.1863	552.9534
April	555.8906	549.5226	554.3222
May	753.3163	553.9479	637.9641
June	757.7036	750.3850	754.3795
July	758.0688	748.7511	754.3742
August	757.8846	752.3399	755.5315
September	758.8267	752.8347	756.1256
October	759.2359	752.8140	756.7148
November	759.9295	750.8519	757.2088
December	762.7673	758.4242	759.9943