YEARLY HIGH
0.7229 XCD
YEARLY LOW
0.7185 XCD
YEARLY AVERAGE
0.7204 XCD

2023 SAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.7229. Conversely, the yearly low was recorded on December 17, dropping to 0.7185.

This high-to-low spread represents a total annual volatility of 0.0044 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7195 to the December average rate of 0.7205, 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 0.7229 was up 0.29% compared to the 2022 peak of 0.7208, 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 3,615 XCD
2022 Average 3,599 XCD
Yearly Trough Low 3,592 XCD
Transaction Impact: A difference of 22.02 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7208
0.7194
JanuMarcMayJulySeptNove

SAR to XCD 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 0.7202, compared to 0.7205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.7202
H2 Avg (Jul–Dec) 0.7205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0028 XCD (High: 0.7213 / Low: 0.7185). On the other end, June was the most stable month, with a tight range of 0.0004 XCD (High: 0.7208 / Low: 0.7204).

December Spread (Volatile) ±0.0028
June Spread (Stable) ±0.0004

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7207) against the same month in 2022 (average: 0.7190), the exchange rate shifted by +0.0016 (+0.23%).

2023 Avg (November) 0.7207
2022 Avg (November) 0.7190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7202 0.7186 0.7195
February 0.7211 0.7201 0.7204
March 0.7203 0.7193 0.7198
April 0.7206 0.7201 0.7205
May 0.7207 0.7203 0.7206
June 0.7208 0.7204 0.7206
July 0.7209 0.7202 0.7205
August 0.7213 0.7203 0.7205
September 0.7214 0.7205 0.7206
October 0.7217 0.7201 0.7205
November 0.7229 0.7204 0.7207
December 0.7213 0.7185 0.7205