2023 SCR to SAR Historical Review

YEARLY HIGH

0.2947 SAR

YEARLY LOW

0.2648 SAR

YEARLY AVERAGE

0.2793 SAR

2023 SCR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.2947. Conversely, the yearly low was recorded on July 21, dropping to 0.2648.

This high-to-low spread represents a total annual volatility of 0.0299 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2775 to the December average rate of 0.2793, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2947 was down 0.71% compared to the 2022 peak of 0.2968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,473 SAR

2022 Average 1,387 SAR

Yearly Trough Low 1,324 SAR

Transaction Impact: A difference of 149.57 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2867

0.2726

JanuMarcMayJulySeptNove

SCR 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 0.2772, compared to 0.2814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.2772

H2 Avg (Jul–Dec) 0.2814

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0258 SAR (High: 0.2911 / Low: 0.2653). On the other end, August was the most stable month, with a tight range of 0.0108 SAR (High: 0.2853 / Low: 0.2745).

January Spread (Volatile) ±0.0258

August Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0041 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2855) against the same month in 2022 (average: 0.2804), the exchange rate shifted by +0.0050 (+1.80%).

2023 Avg (September) 0.2855

2022 Avg (September) 0.2804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2911	0.2653	0.2775
February	0.2882	0.2649	0.2770
March	0.2885	0.2667	0.2791
April	0.2904	0.2671	0.2778
May	0.2856	0.2665	0.2779
June	0.2857	0.2648	0.2738
July	0.2880	0.2648	0.2808
August	0.2853	0.2745	0.2805
September	0.2947	0.2754	0.2855
October	0.2944	0.2715	0.2816
November	0.2876	0.2733	0.2808
December	0.2905	0.2680	0.2793