2023 SRD to SAR Historical Review

YEARLY HIGH

0.1191 SAR

YEARLY LOW

0.0971 SAR

YEARLY AVERAGE

0.1029 SAR

2023 SRD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1191. Conversely, the yearly low was recorded on July 31, dropping to 0.0971.

This high-to-low spread represents a total annual volatility of 0.0220 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1181 to the December average rate of 0.1004, the exchange rate registered a net change of -14.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1191 was down 35.55% compared to the 2022 peak of 0.1848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 596 SAR

2022 Average 794 SAR

Yearly Trough Low 486 SAR

Transaction Impact: A difference of 109.88 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1201

0.0959

JanuMarcMayJulySeptNove

SRD 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 0.1072, compared to 0.0987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1072

H2 Avg (Jul–Dec) 0.0987

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0080 SAR (High: 0.1120 / Low: 0.1039). On the other end, August was the most stable month, with a tight range of 0.0010 SAR (High: 0.0983 / Low: 0.0973).

March Spread (Volatile) ±0.0080

August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1181) against the same month in 2022 (average: 0.1774), the exchange rate shifted by -0.0593 (-33.44%).

2023 Avg (January) 0.1181

2022 Avg (January) 0.1774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1191	0.1159	0.1181
February	0.1173	0.1107	0.1144
March	0.1120	0.1039	0.1086
April	0.1049	0.1003	0.1020
May	0.1011	0.0990	0.1004
June	0.1005	0.0979	0.0995
July	0.1014	0.0971	0.0987
August	0.0983	0.0973	0.0980
September	0.0985	0.0972	0.0979
October	0.0987	0.0977	0.0983
November	0.0992	0.0980	0.0987
December	0.1021	0.0990	0.1004