2023 SAR to SYP Historical Review

YEARLY HIGH

672.0748 SYP

YEARLY LOW

667.9804 SYP

YEARLY AVERAGE

669.7272 SYP

2023 SAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 672.0748. Conversely, the yearly low was recorded on December 17, dropping to 667.9804.

This high-to-low spread represents a total annual volatility of 4.0944 SYP. From a start-to-finish perspective, comparing the January average rate of 668.8963 to the December average rate of 669.8280, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 672.0748 was up 0.29% compared to the 2022 peak of 670.1331, 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 3,360,374 SYP

2022 Average 3,345,536 SYP

Yearly Trough Low 3,339,902 SYP

Transaction Impact: A difference of 20,471.98 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

670.1070

668.7863

JanuMarcMayJulySeptNove

SAR to SYP 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 669.5767, compared to 669.8778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3011 points.

H1 Avg (Jan–Jun) 669.5767

H2 Avg (Jul–Dec) 669.8778

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 2.5771 SYP (High: 670.5575 / Low: 667.9804). On the other end, June was the most stable month, with a tight range of 0.3676 SYP (High: 670.1202 / Low: 669.7526).

December Spread (Volatile) ±2.5771

June Spread (Stable) ±0.3676

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5854 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5854

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 669.9970) against the same month in 2022 (average: 668.4904), the exchange rate shifted by +1.5066 (+0.23%).

2023 Avg (November) 669.9970

2022 Avg (November) 668.4904

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	669.6078	668.0662	668.8963
February	670.4185	669.4606	669.7349
March	669.6314	668.7385	669.1494
April	669.9800	669.4546	669.8094
May	670.0402	669.6089	669.9425
June	670.1202	669.7526	669.9276
July	670.2450	669.5336	669.8672
August	670.6060	669.6509	669.8095
September	670.6738	669.8047	669.9033
October	670.9113	669.4640	669.8615
November	672.0748	669.7301	669.9970
December	670.5575	667.9804	669.8280