2023 SAR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1992.2830. Conversely, the yearly low was recorded on March 19, dropping to 1892.7517.
This high-to-low spread represents a total annual volatility of 99.5313 PYG. From a start-to-finish perspective, comparing the January average rate of 1963.7528 to the December average rate of 1961.7325, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1992.2830 was up 1.93% compared to the 2022 peak of 1954.4959, 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 PYG 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 1931.0302, compared to 1954.1280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.0978 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 53.7957 PYG (High: 1946.5474 / Low: 1892.7517). On the other end, August was the most stable month, with a tight range of 15.7133 PYG (High: 1945.5969 / Low: 1929.8836).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 31.9334 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 1983.1075) against the same month in 2022 (average: 1910.0506), the exchange rate shifted by +73.0569 (+3.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1982.5920 | 1940.7322 | 1963.7528 |
| February | 1965.8379 | 1932.3675 | 1946.3022 |
| March | 1946.5474 | 1892.7517 | 1914.3689 |
| April | 1937.8142 | 1896.2596 | 1908.4284 |
| May | 1930.9204 | 1906.8912 | 1920.1819 |
| June | 1943.7555 | 1920.1458 | 1933.1472 |
| July | 1944.5179 | 1922.1599 | 1936.2937 |
| August | 1945.5969 | 1929.8836 | 1938.6778 |
| September | 1950.1131 | 1933.2254 | 1939.7445 |
| October | 1991.8008 | 1940.7547 | 1965.2122 |
| November | 1992.2830 | 1971.7474 | 1983.1075 |
| December | 1984.7429 | 1942.7282 | 1961.7325 |