YEARLY HIGH
5609.1158 SLL
YEARLY LOW
4697.0140 SLL
YEARLY AVERAGE
5085.2609 SLL

2023 SAR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 5609.1158. Conversely, the yearly low was recorded on January 1, dropping to 4697.0140.

This high-to-low spread represents a total annual volatility of 912.1018 SLL. From a start-to-finish perspective, comparing the January average rate of 4702.8508 to the December average rate of 5590.3645, the exchange rate registered a net change of 18.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5609.1158 was up 19.31% compared to the 2022 peak of 4701.2641, 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 28,045,579 SLL
2022 Average 18,277,317 SLL
Yearly Trough Low 23,485,070 SLL
Transaction Impact: A difference of 4,560,509.04 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5680.6671
4613.9584
JanuMarcMayJulySeptNove

SAR to SLL 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 4707.6342, compared to 5462.8877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 755.2536 points.

H1 Avg (Jan–Jun) 4707.6342
H2 Avg (Jul–Dec) 5462.8877

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 882.8210 SLL (High: 5590.1524 / Low: 4707.3314). On the other end, June was the most stable month, with a tight range of 2.5847 SLL (High: 4711.4557 / Low: 4708.8710).

July Spread (Volatile) ±882.8210
June Spread (Stable) ±2.5847

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 4.1161 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.1161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 5591.7747) against the same month in 2022 (average: 4690.2849), the exchange rate shifted by +901.4898 (+19.22%).

2023 Avg (November) 5591.7747
2022 Avg (November) 4690.2849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4707.8533 4697.0140 4702.8508
February 4713.5526 4706.8184 4708.7465
March 4708.0189 4701.7409 4704.6304
April 4710.4695 4706.7757 4709.2703
May 4710.8928 4707.8608 4710.2060
June 4711.4557 4708.8710 4710.1011
July 5590.1524 4707.3314 4823.3402
August 5596.8576 5588.8859 5590.2099
September 5597.4238 5590.1702 5590.9928
October 5599.4057 5587.3268 5590.6442
November 5609.1158 5589.5474 5591.7747
December 5596.4528 5574.9441 5590.3645