YEARLY HIGH
0.2169 SAR
YEARLY LOW
0.1955 SAR
YEARLY AVERAGE
0.2074 SAR

2023 MDL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.2169. Conversely, the yearly low was recorded on January 8, dropping to 0.1955.

This high-to-low spread represents a total annual volatility of 0.0214 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1978 to the December average rate of 0.2131, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2169 was up 2.55% compared to the 2022 peak of 0.2115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,084 SAR
2022 Average 996 SAR
Yearly Trough Low 977 SAR
Transaction Impact: A difference of 106.90 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2146
0.1963
JanuMarcMayJulySeptNove

MDL 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 0.2047, compared to 0.2101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.2047
H2 Avg (Jul–Dec) 0.2101

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0124 SAR (High: 0.2169 / Low: 0.2044). On the other end, October was the most stable month, with a tight range of 0.0030 SAR (High: 0.2084 / Low: 0.2054).

July Spread (Volatile) ±0.0124
October Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0035 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2097) against the same month in 2022 (average: 0.1952), the exchange rate shifted by +0.0145 (+7.43%).

2023 Avg (July) 0.2097
2022 Avg (July) 0.1952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2006 0.1955 0.1978
February 0.2015 0.1982 0.1999
March 0.2050 0.1987 0.2018
April 0.2100 0.2049 0.2080
May 0.2124 0.2093 0.2111
June 0.2113 0.2050 0.2095
July 0.2169 0.2044 0.2097
August 0.2143 0.2105 0.2122
September 0.2110 0.2051 0.2087
October 0.2084 0.2054 0.2069
November 0.2123 0.2070 0.2101
December 0.2168 0.2092 0.2131