2023 SAR to GMD Historical Review

YEARLY HIGH

17.9814 GMD

YEARLY LOW

15.8124 GMD

YEARLY AVERAGE

16.6046 GMD

2023 SAR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 17.9814. Conversely, the yearly low was recorded on June 12, dropping to 15.8124.

This high-to-low spread represents a total annual volatility of 2.1690 GMD. From a start-to-finish perspective, comparing the January average rate of 16.5126 to the December average rate of 17.9558, the exchange rate registered a net change of 8.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.9814 was up 8.31% compared to the 2022 peak of 16.6019, 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 89,907 GMD

2022 Average 73,761 GMD

Yearly Trough Low 79,062 GMD

Transaction Impact: A difference of 10,844.88 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.1655

15.6500

JanuMarcMayJulySeptNove

SAR to GMD 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 16.2390, compared to 16.9703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7312 points.

H1 Avg (Jan–Jun) 16.2390

H2 Avg (Jul–Dec) 16.9703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.2283 GMD (High: 17.3440 / Low: 16.1157). On the other end, June was the most stable month, with a tight range of 0.0919 GMD (High: 15.9043 / Low: 15.8124).

September Spread (Volatile) ±1.2283

June Spread (Stable) ±0.0919

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5497 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 17.9558) against the same month in 2022 (average: 16.5069), the exchange rate shifted by +1.4489 (+8.78%).

2023 Avg (December) 17.9558

2022 Avg (December) 16.5069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.6405	16.2792	16.5126
February	16.4162	16.2540	16.2865
March	16.5635	16.2595	16.3489
April	16.6114	15.9828	16.4881
May	16.0503	15.8796	15.9384
June	15.9043	15.8124	15.8596
July	15.9928	15.8749	15.9015
August	16.2218	16.0917	16.1510
September	17.3440	16.1157	16.4814
October	17.5926	17.1556	17.4934
November	17.9705	17.3395	17.8383
December	17.9814	17.8099	17.9558