2023 SAR to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 50.2679. Conversely, the yearly low was recorded on March 22, dropping to 40.9316.
This high-to-low spread represents a total annual volatility of 9.3363 LRD. From a start-to-finish perspective, comparing the January average rate of 41.3649 to the December average rate of 50.1812, the exchange rate registered a net change of 21.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 50.2679 was up 22.22% compared to the 2022 peak of 41.1290, 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 LRD 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 43.3533, compared to 49.7367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3834 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 2.9192 LRD (High: 48.0163 / Low: 45.0971). On the other end, September was the most stable month, with a tight range of 0.1776 LRD (High: 49.7640 / Low: 49.5864).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 50.1812) against the same month in 2022 (average: 41.0105), the exchange rate shifted by +9.1706 (+22.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.7750 | 40.9381 | 41.3649 |
| February | 42.3790 | 40.9774 | 41.7066 |
| March | 43.2532 | 40.9316 | 42.4749 |
| April | 44.0561 | 43.2443 | 43.4856 |
| May | 45.0907 | 44.0988 | 44.5249 |
| June | 48.0163 | 45.0971 | 46.5631 |
| July | 49.6842 | 48.0113 | 48.9809 |
| August | 49.7731 | 49.5802 | 49.6679 |
| September | 49.7640 | 49.5864 | 49.6848 |
| October | 49.9848 | 49.7351 | 49.8246 |
| November | 50.1973 | 49.9800 | 50.0810 |
| December | 50.2679 | 49.8620 | 50.1812 |