2023 SBD to SAR Historical Review

YEARLY HIGH

0.4582 SAR

YEARLY LOW

0.4413 SAR

YEARLY AVERAGE

0.4496 SAR

2023 SBD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.4582. Conversely, the yearly low was recorded on November 26, dropping to 0.4413.

This high-to-low spread represents a total annual volatility of 0.0168 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4545 to the December average rate of 0.4435, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4582 was down 2.52% compared to the 2022 peak of 0.4700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 2,291 SAR

2022 Average 2,307 SAR

Yearly Trough Low 2,207 SAR

Transaction Impact: A difference of 84.24 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4575

0.4422

JanuMarcMayJulySeptNove

SBD to SAR 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 0.4532, compared to 0.4460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.4532

H2 Avg (Jul–Dec) 0.4460

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0088 SAR (High: 0.4503 / Low: 0.4415). On the other end, August was the most stable month, with a tight range of 0.0019 SAR (High: 0.4493 / Low: 0.4474).

July Spread (Volatile) ±0.0088

August Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4563) against the same month in 2022 (average: 0.4663), the exchange rate shifted by -0.0100 (-2.15%).

2023 Avg (March) 0.4563

2022 Avg (March) 0.4663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4570	0.4523	0.4545
February	0.4578	0.4534	0.4556
March	0.4582	0.4540	0.4563
April	0.4559	0.4500	0.4524
May	0.4521	0.4496	0.4504
June	0.4509	0.4489	0.4499
July	0.4503	0.4415	0.4484
August	0.4493	0.4474	0.4482
September	0.4482	0.4437	0.4465
October	0.4476	0.4415	0.4448
November	0.4480	0.4413	0.4445
December	0.4455	0.4419	0.4435