YEARLY HIGH
47.8887 DJF
YEARLY LOW
46.7615 DJF
YEARLY AVERAGE
47.4028 DJF

2023 SAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 47.8887. Conversely, the yearly low was recorded on March 18, dropping to 46.7615.

This high-to-low spread represents a total annual volatility of 1.1272 DJF. From a start-to-finish perspective, comparing the January average rate of 47.3209 to the December average rate of 47.4795, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.8887 was up 0.01% compared to the 2022 peak of 47.8857, 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 239,444 DJF
2022 Average 237,047 DJF
Yearly Trough Low 233,808 DJF
Transaction Impact: A difference of 5,635.84 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.4961
47.2968
JanuMarcMayJulySeptNove

SAR to DJF 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 47.3846, compared to 47.4211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 47.3846
H2 Avg (Jul–Dec) 47.4211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.8043 DJF (High: 47.8887 / Low: 47.0844). On the other end, May was the most stable month, with a tight range of 0.2410 DJF (High: 47.5690 / Low: 47.3280).

February Spread (Volatile) ±0.8043
May Spread (Stable) ±0.2410

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 0.1298 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 47.4432) against the same month in 2022 (average: 47.4206), the exchange rate shifted by +0.0227 (+0.05%).

2023 Avg (February) 47.4432
2022 Avg (February) 47.4206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.4681 47.1609 47.3209
February 47.8887 47.0844 47.4432
March 47.4512 46.7615 47.3134
April 47.5066 46.8458 47.3539
May 47.5690 47.3280 47.4225
June 47.6506 47.1823 47.4535
July 47.4670 47.0856 47.3678
August 47.7149 47.1142 47.4276
September 47.7202 47.2992 47.4633
October 47.5855 47.2595 47.4188
November 47.5827 47.0713 47.3694
December 47.7272 47.3170 47.4795