YEARLY HIGH
2.3533 SVC
YEARLY LOW
2.2967 SVC
YEARLY AVERAGE
2.3313 SVC

2023 SAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.3533. Conversely, the yearly low was recorded on March 19, dropping to 2.2967.

This high-to-low spread represents a total annual volatility of 0.0566 SVC. From a start-to-finish perspective, comparing the January average rate of 2.3295 to the December average rate of 2.3351, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3533 was up 0.02% compared to the 2022 peak of 2.3529, 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 11,767 SVC
2022 Average 11,652 SVC
Yearly Trough Low 11,484 SVC
Transaction Impact: A difference of 283.05 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3360
2.3260
JanuMarcMayJulySeptNove

SAR to SVC 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 2.3306, compared to 2.3320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 2.3306
H2 Avg (Jul–Dec) 2.3320

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0362 SVC (High: 2.3329 / Low: 2.2967). On the other end, January was the most stable month, with a tight range of 0.0114 SVC (High: 2.3333 / Low: 2.3219).

March Spread (Volatile) ±0.0362
January Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between March and June, 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 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.3326) against the same month in 2022 (average: 2.3319), the exchange rate shifted by +0.0008 (+0.03%).

2023 Avg (February) 2.3326
2022 Avg (February) 2.3319

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3333 2.3219 2.3295
February 2.3533 2.3185 2.3326
March 2.3329 2.2967 2.3268
April 2.3362 2.3021 2.3302
May 2.3375 2.3258 2.3320
June 2.3416 2.3181 2.3327
July 2.3367 2.3112 2.3301
August 2.3408 2.3173 2.3326
September 2.3380 2.3244 2.3324
October 2.3368 2.3225 2.3311
November 2.3348 2.3213 2.3305
December 2.3454 2.3307 2.3351