2023 SAR to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.4952. Conversely, the yearly low was recorded on March 18, dropping to 14.3946.
This high-to-low spread represents a total annual volatility of 1.1005 DOP. From a start-to-finish perspective, comparing the January average rate of 15.0655 to the December average rate of 15.2841, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.4952 was up 0.50% compared to the 2022 peak of 15.4179, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SAR to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7381, compared to 15.1112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3731 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.4170 DOP (High: 15.2332 / Low: 14.8162). On the other end, October was the most stable month, with a tight range of 0.1042 DOP (High: 15.1818 / Low: 15.0776).
Growth Streaks & Declines
TrendsBetween May and October, 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 February and March, when the average rate fell by 0.3407 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 15.2841) against the same month in 2022 (average: 14.7194), the exchange rate shifted by +0.5647 (+3.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.1370 | 14.9578 | 15.0655 |
| February | 15.2332 | 14.8162 | 14.9750 |
| March | 14.8064 | 14.3946 | 14.6343 |
| April | 14.6491 | 14.4120 | 14.5822 |
| May | 14.6137 | 14.5061 | 14.5402 |
| June | 14.7568 | 14.5270 | 14.6313 |
| July | 14.9863 | 14.6646 | 14.8777 |
| August | 15.1828 | 14.9415 | 15.0959 |
| September | 15.1941 | 15.0762 | 15.1324 |
| October | 15.1818 | 15.0776 | 15.1431 |
| November | 15.2453 | 15.0076 | 15.1339 |
| December | 15.4952 | 15.1552 | 15.2841 |