2023 SAR to JPY Historical Review

YEARLY HIGH

40.4315 JPY

YEARLY LOW

34.0508 JPY

YEARLY AVERAGE

37.4496 JPY

2023 SAR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 40.4315. Conversely, the yearly low was recorded on January 14, dropping to 34.0508.

This high-to-low spread represents a total annual volatility of 6.3807 JPY. From a start-to-finish perspective, comparing the January average rate of 34.6562 to the December average rate of 38.3019, the exchange rate registered a net change of 10.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.4315 was up 1.19% compared to the 2022 peak of 39.9575, 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 202,158 JPY

2022 Average 175,023 JPY

Yearly Trough Low 170,254 JPY

Transaction Impact: A difference of 31,903.34 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.4766

34.1271

JanuMarcMayJulySeptNove

SAR to JPY 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 35.9373, compared to 38.9618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0245 points.

H1 Avg (Jan–Jun) 35.9373

H2 Avg (Jul–Dec) 38.9618

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.1289 JPY (High: 36.4022 / Low: 34.2733). On the other end, October was the most stable month, with a tight range of 0.7937 JPY (High: 40.3405 / Low: 39.5468).

February Spread (Volatile) ±2.1289

October Spread (Stable) ±0.7937

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 1.6455 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.6455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 39.9474) against the same month in 2022 (average: 37.7345), the exchange rate shifted by +2.2130 (+5.86%).

2023 Avg (November) 39.9474

2022 Avg (November) 37.7345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.4720	34.0508	34.6562
February	36.4022	34.2733	35.5057
March	36.6012	34.8070	35.5793
April	36.3663	34.9026	35.6057
May	37.5646	35.7565	36.5933
June	38.6084	36.9963	37.6837
July	38.5587	36.7998	37.6365
August	39.0747	37.7863	38.6023
September	39.8579	38.9779	39.4098
October	40.3405	39.5468	39.8730
November	40.4315	39.2012	39.9474
December	39.2691	37.5894	38.3019