2023 MGA to SAR Historical Review

YEARLY HIGH

0.0009 SAR

YEARLY LOW

0.0008 SAR

YEARLY AVERAGE

0.0008 SAR

2023 MGA to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0009. Conversely, the yearly low was recorded on December 25, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0001 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0008, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0009 was down 6.80% compared to the 2022 peak of 0.0010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 SAR

2022 Average 5 SAR

Yearly Trough Low 4 SAR

Transaction Impact: A difference of 0.37 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009

0.0008

JanuMarcMayJulySeptNove

MGA 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 0.0009, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0009

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0001 SAR (High: 0.0009 / Low: 0.0008). On the other end, May was the most stable month, with a tight range of 0.0000 SAR (High: 0.0009 / Low: 0.0008).

January Spread (Volatile) ±0.0001

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0009) against the same month in 2022 (average: 0.0009), the exchange rate shifted by -0.0001 (-6.63%).

2023 Avg (March) 0.0009

2022 Avg (March) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0009	0.0008	0.0009
February	0.0009	0.0009	0.0009
March	0.0009	0.0009	0.0009
April	0.0009	0.0008	0.0009
May	0.0009	0.0008	0.0009
June	0.0009	0.0008	0.0008
July	0.0008	0.0008	0.0008
August	0.0008	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0008	0.0008	0.0008