2023 SAR to KWD Historical Review

YEARLY HIGH

0.0828 KWD

YEARLY LOW

0.0806 KWD

YEARLY AVERAGE

0.0819 KWD

2023 SAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0828. Conversely, the yearly low was recorded on March 18, dropping to 0.0806.

This high-to-low spread represents a total annual volatility of 0.0022 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0813 to the December average rate of 0.0821, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0828 was up 0.16% compared to the 2022 peak of 0.0827, 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 414 KWD

2022 Average 408 KWD

Yearly Trough Low 403 KWD

Transaction Impact: A difference of 11.06 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0826

0.0812

JanuMarcMayJulySeptNove

SAR to KWD 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 0.0817, compared to 0.0822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0817

H2 Avg (Jul–Dec) 0.0822

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0013 KWD (High: 0.0819 / Low: 0.0806). On the other end, November was the most stable month, with a tight range of 0.0002 KWD (High: 0.0824 / Low: 0.0821).

March Spread (Volatile) ±0.0013

November Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0824) against the same month in 2022 (average: 0.0825), the exchange rate shifted by -0.0000 (-0.06%).

2023 Avg (October) 0.0824

2022 Avg (October) 0.0825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0816	0.0811	0.0813
February	0.0819	0.0811	0.0816
March	0.0819	0.0806	0.0816
April	0.0820	0.0814	0.0817
May	0.0821	0.0816	0.0818
June	0.0821	0.0817	0.0819
July	0.0820	0.0815	0.0818
August	0.0823	0.0820	0.0821
September	0.0825	0.0821	0.0823
October	0.0828	0.0823	0.0824
November	0.0824	0.0821	0.0823
December	0.0824	0.0819	0.0821