YEARLY HIGH
0.0064 SAR
YEARLY LOW
0.0060 SAR
YEARLY AVERAGE
0.0062 SAR

2023 XAF to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0064. Conversely, the yearly low was recorded on October 3, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0004 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0062, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0064 was down 1.90% compared to the 2022 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 SAR
2022 Average 30 SAR
Yearly Trough Low 30 SAR
Transaction Impact: A difference of 2.22 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0064
0.0060
JanuMarcMayJulySeptNove

XAF 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 0.0062, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 SAR (High: 0.0064 / Low: 0.0061). On the other end, October was the most stable month, with a tight range of 0.0001 SAR (High: 0.0061 / Low: 0.0060).

May Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0063) against the same month in 2022 (average: 0.0058), the exchange rate shifted by +0.0005 (+8.33%).

2023 Avg (July) 0.0063
2022 Avg (July) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0060 0.0062
February 0.0063 0.0060 0.0061
March 0.0062 0.0060 0.0061
April 0.0064 0.0062 0.0063
May 0.0064 0.0061 0.0062
June 0.0063 0.0061 0.0062
July 0.0064 0.0062 0.0063
August 0.0063 0.0062 0.0062
September 0.0062 0.0060 0.0061
October 0.0061 0.0060 0.0060
November 0.0063 0.0061 0.0062
December 0.0064 0.0062 0.0062