YEARLY HIGH
1.3918 SAR
YEARLY LOW
1.3833 SAR
YEARLY AVERAGE
1.3882 SAR

2023 XCD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1.3918. Conversely, the yearly low was recorded on November 5, dropping to 1.3833.

This high-to-low spread represents a total annual volatility of 0.0085 SAR. From a start-to-finish perspective, comparing the January average rate of 1.3899 to the December average rate of 1.3880, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3918 was down 0.14% compared to the 2022 peak of 1.3937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,959 SAR
2022 Average 6,947 SAR
Yearly Trough Low 6,917 SAR
Transaction Impact: A difference of 42.40 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3901
1.3874
JanuMarcMayJulySeptNove

XCD 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 1.3885, compared to 1.3878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 1.3885
H2 Avg (Jul–Dec) 1.3878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0053 SAR (High: 1.3918 / Low: 1.3864). On the other end, June was the most stable month, with a tight range of 0.0008 SAR (High: 1.3881 / Low: 1.3873).

December Spread (Volatile) ±0.0053
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 January and February, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.3880) against the same month in 2022 (average: 1.3913), the exchange rate shifted by -0.0033 (-0.24%).

2023 Avg (December) 1.3880
2022 Avg (December) 1.3913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3916 1.3884 1.3899
February 1.3887 1.3867 1.3881
March 1.3902 1.3884 1.3894
April 1.3887 1.3876 1.3880
May 1.3884 1.3875 1.3877
June 1.3881 1.3873 1.3877
July 1.3886 1.3871 1.3879
August 1.3883 1.3863 1.3880
September 1.3880 1.3862 1.3878
October 1.3887 1.3857 1.3879
November 1.3882 1.3833 1.3876
December 1.3918 1.3864 1.3880