2023 SAR to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |