2023 SAR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 153.1836. Conversely, the yearly low was recorded on March 18, dropping to 149.3079.
This high-to-low spread represents a total annual volatility of 3.8757 SOS. From a start-to-finish perspective, comparing the January average rate of 151.4015 to the December average rate of 152.4230, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 153.1836 was down 1.94% compared to the 2022 peak of 156.2068, 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 SOS 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 151.4896, compared to 152.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5355 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 2.5732 SOS (High: 152.9178 / Low: 150.3446). On the other end, May was the most stable month, with a tight range of 0.7296 SOS (High: 151.8516 / Low: 151.1221).
Growth Streaks & Declines
TrendsBetween March and October, 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 0.3094 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 152.4230) against the same month in 2022 (average: 151.2976), the exchange rate shifted by +1.1254 (+0.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 151.7073 | 150.8578 | 151.4015 |
| February | 152.9178 | 150.3446 | 151.5810 |
| March | 151.6179 | 149.3079 | 151.2716 |
| April | 151.7414 | 150.3609 | 151.4437 |
| May | 151.8516 | 151.1221 | 151.6054 |
| June | 152.1409 | 150.6420 | 151.6344 |
| July | 151.9220 | 150.6448 | 151.6348 |
| August | 152.3628 | 150.6966 | 151.7427 |
| September | 152.7011 | 151.5575 | 152.0084 |
| October | 152.5597 | 151.6808 | 152.2031 |
| November | 152.4837 | 151.0940 | 152.1388 |
| December | 153.1836 | 152.2143 | 152.4230 |