2023 TRY to SAR Historical Review

YEARLY HIGH

0.2012 SAR

YEARLY LOW

0.1269 SAR

YEARLY AVERAGE

0.1628 SAR

2023 TRY to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2012. Conversely, the yearly low was recorded on December 28, dropping to 0.1269.

This high-to-low spread represents a total annual volatility of 0.0743 SAR. From a start-to-finish perspective, comparing the January average rate of 0.2000 to the December average rate of 0.1289, the exchange rate registered a net change of -35.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2012 was down 30.00% compared to the 2022 peak of 0.2874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 10,061 SAR

2022 Average 11,490 SAR

Yearly Trough Low 6,343 SAR

Transaction Impact: A difference of 3,717.37 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2071

0.1218

JanuMarcMayJulySeptNove

TRY 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 0.1899, compared to 0.1357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 0.1899

H2 Avg (Jul–Dec) 0.1357

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0357 SAR (High: 0.1794 / Low: 0.1437). On the other end, February was the most stable month, with a tight range of 0.0008 SAR (High: 0.1994 / Low: 0.1986).

June Spread (Volatile) ±0.0357

February Spread (Stable) ±0.0008

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 0.0309 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2000) against the same month in 2022 (average: 0.2774), the exchange rate shifted by -0.0774 (-27.90%).

2023 Avg (January) 0.2000

2022 Avg (January) 0.2774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2012	0.1995	0.2000
February	0.1994	0.1986	0.1990
March	0.1994	0.1957	0.1976
April	0.1957	0.1928	0.1939
May	0.1928	0.1807	0.1897
June	0.1794	0.1437	0.1589
July	0.1457	0.1390	0.1417
August	0.1448	0.1378	0.1394
September	0.1405	0.1366	0.1389
October	0.1365	0.1325	0.1345
November	0.1324	0.1296	0.1308
December	0.1300	0.1269	0.1289