YEARLY HIGH
50.2679 LRD
YEARLY LOW
40.9316 LRD
YEARLY AVERAGE
46.5450 LRD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 251,339 LRD
2022 Average 203,556 LRD
Yearly Trough Low 204,658 LRD
Transaction Impact: A difference of 46,681.40 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

51.0628
40.4833
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 43.3533
H2 Avg (Jul–Dec) 49.7367

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±2.9192
September Spread (Stable) ±0.1776

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 50.1812
2022 Avg (December) 41.0105

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