2023 SAR to CDF Historical Review

YEARLY HIGH

744.4677 CDF

YEARLY LOW

539.3097 CDF

YEARLY AVERAGE

622.4715 CDF

2023 SAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 744.4677. Conversely, the yearly low was recorded on January 7, dropping to 539.3097.

This high-to-low spread represents a total annual volatility of 205.1579 CDF. From a start-to-finish perspective, comparing the January average rate of 545.4219 to the December average rate of 725.8165, the exchange rate registered a net change of 33.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 744.4677 was up 35.47% compared to the 2022 peak of 549.5302, 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 3,722,338 CDF

2022 Average 2,689,457 CDF

Yearly Trough Low 2,696,549 CDF

Transaction Impact: A difference of 1,025,789.74 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

743.8560

527.3825

JanuMarcMayJulySeptNove

SAR to CDF 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 568.9442, compared to 675.9988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 107.0546 points.

H1 Avg (Jan–Jun) 568.9442

H2 Avg (Jul–Dec) 675.9988

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 78.3975 CDF (High: 622.5959 / Low: 544.1984). On the other end, February was the most stable month, with a tight range of 9.9741 CDF (High: 554.9675 / Low: 544.9934).

May Spread (Volatile) ±78.3975

February Spread (Stable) ±9.9741

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 725.8165) against the same month in 2022 (average: 544.0367), the exchange rate shifted by +181.7798 (+33.41%).

2023 Avg (December) 725.8165

2022 Avg (December) 544.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	551.8774	539.3097	545.4219
February	554.9675	544.9934	549.7778
March	555.5535	544.8829	550.7509
April	582.3740	545.2627	554.8386
May	622.5959	544.1984	583.5616
June	642.5284	619.8760	629.3146
July	679.8512	642.4611	658.2734
August	663.7455	650.4152	660.1311
September	667.3197	655.2371	662.2254
October	692.8058	658.7975	671.3918
November	725.8032	655.8980	678.1547
December	744.4677	710.4221	725.8165