YEARLY HIGH
0.5421 BZD
YEARLY LOW
0.5291 BZD
YEARLY AVERAGE
0.5370 BZD

2023 SAR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5421. Conversely, the yearly low was recorded on March 19, dropping to 0.5291.

This high-to-low spread represents a total annual volatility of 0.0131 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5366 to the December average rate of 0.5379, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5421 was down 0.03% compared to the 2022 peak of 0.5423, 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 2,711 BZD
2022 Average 2,684 BZD
Yearly Trough Low 2,645 BZD
Transaction Impact: A difference of 65.26 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5382
0.5353
JanuMarcMayJulySeptNove

SAR to BZD 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 0.5368, compared to 0.5372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.5368
H2 Avg (Jul–Dec) 0.5372

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0082 BZD (High: 0.5373 / Low: 0.5291). On the other end, January was the most stable month, with a tight range of 0.0026 BZD (High: 0.5375 / Low: 0.5349).

March Spread (Volatile) ±0.0082
January Spread (Stable) ±0.0026

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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5374) against the same month in 2022 (average: 0.5372), the exchange rate shifted by +0.0002 (+0.03%).

2023 Avg (February) 0.5374
2022 Avg (February) 0.5372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5375 0.5349 0.5366
February 0.5421 0.5341 0.5374
March 0.5373 0.5291 0.5355
April 0.5382 0.5303 0.5368
May 0.5385 0.5358 0.5372
June 0.5394 0.5340 0.5374
July 0.5383 0.5324 0.5368
August 0.5393 0.5339 0.5374
September 0.5386 0.5355 0.5373
October 0.5383 0.5350 0.5370
November 0.5379 0.5348 0.5369
December 0.5403 0.5369 0.5379