YEARLY HIGH
1.3942 SAR
YEARLY LOW
1.3352 SAR
YEARLY AVERAGE
1.3735 SAR

2023 WST to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.3942. Conversely, the yearly low was recorded on November 5, dropping to 1.3352.

This high-to-low spread represents a total annual volatility of 0.0590 SAR. From a start-to-finish perspective, comparing the January average rate of 1.3925 to the December average rate of 1.3396, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3942 was down 4.28% compared to the 2022 peak of 1.4566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,971 SAR
2022 Average 7,023 SAR
Yearly Trough Low 6,676 SAR
Transaction Impact: A difference of 295.12 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3978
1.3340
JanuMarcMayJulySeptNove

WST 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 1.3838, compared to 1.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 1.3838
H2 Avg (Jul–Dec) 1.3632

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0416 SAR (High: 1.3806 / Low: 1.3390). On the other end, June was the most stable month, with a tight range of 0.0008 SAR (High: 1.3764 / Low: 1.3757).

October Spread (Volatile) ±0.0416
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.0249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.3925) against the same month in 2022 (average: 1.4427), the exchange rate shifted by -0.0502 (-3.48%).

2023 Avg (January) 1.3925
2022 Avg (January) 1.4427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3942 1.3910 1.3925
February 1.3913 1.3893 1.3907
March 1.3928 1.3767 1.3915
April 1.3770 1.3759 1.3763
May 1.3767 1.3758 1.3760
June 1.3764 1.3757 1.3761
July 1.3801 1.3754 1.3766
August 1.3802 1.3782 1.3798
September 1.3799 1.3781 1.3797
October 1.3806 1.3390 1.3642
November 1.3398 1.3352 1.3393
December 1.3434 1.3382 1.3396