YEARLY HIGH
240.7403 KPW
YEARLY LOW
239.2737 KPW
YEARLY AVERAGE
239.8994 KPW

2023 SAR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 240.7403. Conversely, the yearly low was recorded on December 17, dropping to 239.2737.

This high-to-low spread represents a total annual volatility of 1.4666 KPW. From a start-to-finish perspective, comparing the January average rate of 239.6018 to the December average rate of 239.9355, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 240.7403 was up 0.29% compared to the 2022 peak of 240.0448, 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 1,203,702 KPW
2022 Average 1,198,451 KPW
Yearly Trough Low 1,196,368 KPW
Transaction Impact: A difference of 7,333.16 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

240.0355
239.5624
JanuMarcMayJulySeptNove

SAR to KPW 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 239.8455, compared to 239.9533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1078 points.

H1 Avg (Jan–Jun) 239.8455
H2 Avg (Jul–Dec) 239.9533

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.9231 KPW (High: 240.1968 / Low: 239.2737). On the other end, June was the most stable month, with a tight range of 0.1317 KPW (High: 240.0402 / Low: 239.9085).

December Spread (Volatile) ±0.9231
June Spread (Stable) ±0.1317

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2097 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 239.9961) against the same month in 2022 (average: 239.4564), the exchange rate shifted by +0.5397 (+0.23%).

2023 Avg (November) 239.9961
2022 Avg (November) 239.4564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 239.8567 239.3044 239.6018
February 240.1470 239.8039 239.9022
March 239.8651 239.5452 239.6925
April 239.9900 239.8018 239.9289
May 240.0115 239.8570 239.9765
June 240.0402 239.9085 239.9712
July 240.0849 239.8301 239.9496
August 240.2142 239.8721 239.9289
September 240.2385 239.9272 239.9625
October 240.3236 239.8052 239.9475
November 240.7403 239.9005 239.9961
December 240.1968 239.2737 239.9355