YEARLY HIGH
11298.7459 IRR
YEARLY LOW
11082.0062 IRR
YEARLY AVERAGE
11253.8136 IRR

2023 SAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 11298.7459. Conversely, the yearly low was recorded on March 22, dropping to 11082.0062.

This high-to-low spread represents a total annual volatility of 216.7397 IRR. From a start-to-finish perspective, comparing the January average rate of 11164.2385 to the December average rate of 11258.3708, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11298.7459 was down 0.13% compared to the 2022 peak of 11313.2543, 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 56,493,730 IRR
2022 Average 56,284,409 IRR
Yearly Trough Low 55,410,031 IRR
Transaction Impact: A difference of 1,083,698.75 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11282.5217
11153.4855
JanuMarcMayJulySeptNove

SAR to IRR 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 11242.6201, compared to 11265.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.3871 points.

H1 Avg (Jan–Jun) 11242.6201
H2 Avg (Jul–Dec) 11265.0071

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 195.7497 IRR (High: 11290.7530 / Low: 11095.0033). On the other end, April was the most stable month, with a tight range of 13.1007 IRR (High: 11272.8614 / Low: 11259.7607).

February Spread (Volatile) ±195.7497
April Spread (Stable) ±13.1007

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 24.6163 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -24.6163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 11268.0369) against the same month in 2022 (average: 11273.5194), the exchange rate shifted by -5.4825 (-0.05%).

2023 Avg (November) 11268.0369
2022 Avg (November) 11273.5194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11246.6124 11083.7793 11164.2385
February 11290.7530 11095.0033 11253.7268
March 11266.3632 11082.0062 11229.1105
April 11272.8614 11259.7607 11265.5483
May 11286.9135 11265.4650 11271.3276
June 11284.4098 11262.3719 11271.7687
July 11289.8711 11196.9029 11262.7281
August 11284.1150 11260.6610 11271.1757
September 11275.1940 11260.7299 11265.5279
October 11278.5187 11256.0754 11264.2035
November 11298.7459 11255.5068 11268.0369
December 11282.5790 11204.6667 11258.3708