2023 SAR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 4106.1635. Conversely, the yearly low was recorded on January 14, dropping to 401.2079.
This high-to-low spread represents a total annual volatility of 3704.9556 LBP. From a start-to-finish perspective, comparing the January average rate of 403.5661 to the December average rate of 4012.3444, the exchange rate registered a net change of 894.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4106.1635 was up 886.86% compared to the 2022 peak of 416.0820, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SAR to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3312.6728, compared to 4010.5056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 697.8328 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3704.1326 LBP (High: 4106.1635 / Low: 402.0310). On the other end, January was the most stable month, with a tight range of 4.8270 LBP (High: 406.0349 / Low: 401.2079).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 15.4582 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 3378.6927) against the same month in 2022 (average: 403.5699), the exchange rate shifted by +2975.1227 (+737.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 406.0349 | 401.2079 | 403.5661 |
| February | 4106.1635 | 402.0310 | 3378.6927 |
| March | 4062.6831 | 3942.0887 | 4014.8918 |
| April | 4067.4529 | 3968.1310 | 4024.3541 |
| May | 4071.8545 | 3989.9196 | 4022.3739 |
| June | 4070.2151 | 3994.7270 | 4032.1581 |
| July | 4070.1023 | 3975.6652 | 4016.6999 |
| August | 4068.4269 | 3998.8365 | 4014.6072 |
| September | 4048.2094 | 4000.3109 | 4013.6122 |
| October | 4020.8467 | 3989.3915 | 4004.5070 |
| November | 4010.0821 | 3973.4587 | 4001.2631 |
| December | 4028.1660 | 4005.3988 | 4012.3444 |