2023 SAR to GBP Historical Review

YEARLY HIGH

0.2253 GBP

YEARLY LOW

0.2030 GBP

YEARLY AVERAGE

0.2144 GBP

2023 SAR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.2253. Conversely, the yearly low was recorded on July 13, dropping to 0.2030.

This high-to-low spread represents a total annual volatility of 0.0222 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2175 to the December average rate of 0.2105, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2253 was down 9.12% compared to the 2022 peak of 0.2478, 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 1,126 GBP

2022 Average 1,081 GBP

Yearly Trough Low 1,015 GBP

Transaction Impact: A difference of 111.13 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2224

0.2056

JanuMarcMayJulySeptNove

SAR to GBP 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 0.2161, compared to 0.2127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.2161

H2 Avg (Jul–Dec) 0.2127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0102 GBP (High: 0.2253 / Low: 0.2151). On the other end, August was the most stable month, with a tight range of 0.0036 GBP (High: 0.2119 / Low: 0.2083).

March Spread (Volatile) ±0.0102

August Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2194) against the same month in 2022 (average: 0.2025), the exchange rate shifted by +0.0170 (+8.38%).

2023 Avg (March) 0.2194

2022 Avg (March) 0.2025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2234	0.2146	0.2175
February	0.2233	0.2151	0.2210
March	0.2253	0.2151	0.2194
April	0.2169	0.2120	0.2142
May	0.2165	0.2109	0.2137
June	0.2145	0.2078	0.2110
July	0.2101	0.2030	0.2070
August	0.2119	0.2083	0.2099
September	0.2197	0.2112	0.2153
October	0.2208	0.2165	0.2191
November	0.2188	0.2097	0.2146
December	0.2125	0.2083	0.2105