2023 SAR to KZT Historical Review

YEARLY HIGH

127.9648 KZT

YEARLY LOW

114.8950 KZT

YEARLY AVERAGE

121.6649 KZT

2023 SAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 127.9648. Conversely, the yearly low was recorded on March 5, dropping to 114.8950.

This high-to-low spread represents a total annual volatility of 13.0698 KZT. From a start-to-finish perspective, comparing the January average rate of 123.1459 to the December average rate of 122.4110, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 127.9648 was down 8.42% compared to the 2022 peak of 139.7255, 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 639,824 KZT

2022 Average 614,775 KZT

Yearly Trough Low 574,475 KZT

Transaction Impact: A difference of 65,349.10 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

127.8530

117.8322

JanuMarcMayJulySeptNove

SAR to KZT 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 120.4376, compared to 122.8922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4547 points.

H1 Avg (Jan–Jun) 120.4376

H2 Avg (Jul–Dec) 122.8922

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.8290 KZT (High: 123.7240 / Low: 114.8950). On the other end, January was the most stable month, with a tight range of 1.4073 KZT (High: 123.8499 / Low: 122.4426).

March Spread (Volatile) ±8.8290

January Spread (Stable) ±1.4073

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 3.5104 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.5104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 124.9410) against the same month in 2022 (average: 126.3833), the exchange rate shifted by -1.4423 (-1.14%).

2023 Avg (September) 124.9410

2022 Avg (September) 126.3833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	123.8499	122.4426	123.1459
February	123.2130	118.6118	120.3482
March	123.7240	114.8950	120.1792
April	122.0647	118.0368	120.3876
May	120.2453	117.8857	118.9502
June	121.1613	118.4038	119.6144
July	120.3889	117.8935	118.6673
August	124.0497	117.9705	120.8088
September	127.9648	121.9968	124.9410
October	127.9178	125.0053	127.0179
November	125.2435	121.9362	123.5075
December	123.2570	121.6403	122.4110