2023 TWD to SAR Historical Review

YEARLY HIGH

0.1263 SAR

YEARLY LOW

0.1154 SAR

YEARLY AVERAGE

0.1205 SAR

2023 TWD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1263. Conversely, the yearly low was recorded on October 28, dropping to 0.1154.

This high-to-low spread represents a total annual volatility of 0.0109 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1236 to the December average rate of 0.1202, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1263 was down 7.65% compared to the 2022 peak of 0.1368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 631 SAR

2022 Average 632 SAR

Yearly Trough Low 577 SAR

Transaction Impact: A difference of 54.26 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1247

0.1154

JanuMarcMayJulySeptNove

TWD 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 0.1228, compared to 0.1182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1228

H2 Avg (Jul–Dec) 0.1182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0041 SAR (High: 0.1263 / Low: 0.1222). On the other end, May was the most stable month, with a tight range of 0.0010 SAR (High: 0.1226 / Low: 0.1217).

February Spread (Volatile) ±0.0041

May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1239) against the same month in 2022 (average: 0.1346), the exchange rate shifted by -0.0107 (-7.95%).

2023 Avg (February) 0.1239

2022 Avg (February) 0.1346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1249	0.1223	0.1236
February	0.1263	0.1222	0.1239
March	0.1238	0.1217	0.1229
April	0.1234	0.1219	0.1227
May	0.1226	0.1217	0.1222
June	0.1226	0.1204	0.1217
July	0.1217	0.1193	0.1203
August	0.1187	0.1173	0.1179
September	0.1177	0.1163	0.1171
October	0.1171	0.1154	0.1162
November	0.1199	0.1158	0.1176
December	0.1222	0.1189	0.1202