YEARLY HIGH
0.4354 SAR
YEARLY LOW
0.4249 SAR
YEARLY AVERAGE
0.4289 SAR

2023 SVC to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.4354. Conversely, the yearly low was recorded on February 5, dropping to 0.4249.

This high-to-low spread represents a total annual volatility of 0.0105 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4293 to the December average rate of 0.4282, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4354 was up 0.17% compared to the 2022 peak of 0.4347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,177 SAR
2022 Average 2,146 SAR
Yearly Trough Low 2,125 SAR
Transaction Impact: A difference of 52.37 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4299
0.4281
JanuMarcMayJulySeptNove

SVC 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 0.4291, compared to 0.4288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4291
H2 Avg (Jul–Dec) 0.4288

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0067 SAR (High: 0.4354 / Low: 0.4287). On the other end, January was the most stable month, with a tight range of 0.0021 SAR (High: 0.4307 / Low: 0.4286).

March Spread (Volatile) ±0.0067
January Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4298) against the same month in 2022 (average: 0.4287), the exchange rate shifted by +0.0010 (+0.24%).

2023 Avg (March) 0.4298
2022 Avg (March) 0.4287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4307 0.4286 0.4293
February 0.4313 0.4249 0.4287
March 0.4354 0.4287 0.4298
April 0.4344 0.4280 0.4292
May 0.4300 0.4278 0.4288
June 0.4314 0.4271 0.4287
July 0.4327 0.4280 0.4292
August 0.4315 0.4272 0.4287
September 0.4302 0.4277 0.4287
October 0.4306 0.4279 0.4290
November 0.4308 0.4283 0.4291
December 0.4291 0.4264 0.4282