2023 SAR to INR Historical Review

YEARLY HIGH

22.2573 INR

YEARLY LOW

21.5569 INR

YEARLY AVERAGE

22.0098 INR

2023 SAR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 22.2573. Conversely, the yearly low was recorded on January 22, dropping to 21.5569.

This high-to-low spread represents a total annual volatility of 0.7005 INR. From a start-to-finish perspective, comparing the January average rate of 21.7573 to the December average rate of 22.1924, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.2573 was up 0.79% compared to the 2022 peak of 22.0825, 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 111,287 INR

2022 Average 104,665 INR

Yearly Trough Low 107,784 INR

Transaction Impact: A difference of 3,502.41 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.2487

21.7126

JanuMarcMayJulySeptNove

SAR to INR 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 21.8989, compared to 22.1207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2218 points.

H1 Avg (Jan–Jun) 21.8989

H2 Avg (Jul–Dec) 22.1207

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4611 INR (High: 22.0180 / Low: 21.5569). On the other end, October was the most stable month, with a tight range of 0.1205 INR (High: 22.2489 / Low: 22.1284).

January Spread (Volatile) ±0.4611

October Spread (Stable) ±0.1205

Growth Streaks & Declines

Trends

Between June and November, 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 0.1237 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 22.2041) against the same month in 2022 (average: 21.7002), the exchange rate shifted by +0.5038 (+2.32%).

2023 Avg (November) 22.2041

2022 Avg (November) 21.7002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.0180	21.5569	21.7573
February	22.1191	21.7756	22.0260
March	22.0285	21.7721	21.9023
April	21.9567	21.7752	21.8475
May	22.1057	21.7883	21.9501
June	22.0322	21.8395	21.9103
July	22.0756	21.8142	21.9133
August	22.2004	21.9358	22.0838
September	22.2098	22.0541	22.1422
October	22.2489	22.1284	22.1886
November	22.2573	22.1345	22.2041
December	22.2455	22.0775	22.1924