YEARLY HIGH
0.0029 SAR
YEARLY LOW
0.0025 SAR
YEARLY AVERAGE
0.0027 SAR

2020 MMK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.0029. Conversely, the yearly low was recorded on January 1, dropping to 0.0025.

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 0.0026 to the December average rate of 0.0028, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0029 was up 15.45% compared to the 2019 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 SAR
2019 Average 12 SAR
Yearly Trough Low 13 SAR
Transaction Impact: A difference of 2.03 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0029
0.0025
JanuMarcMayJulySeptNove

MMK 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 0.0026, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0002 SAR (High: 0.0028 / Low: 0.0026). On the other end, January was the most stable month, with a tight range of 0.0000 SAR (High: 0.0026 / Low: 0.0025).

March Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0029) against the same month in 2019 (average: 0.0025), the exchange rate shifted by +0.0005 (+18.45%).

2020 Avg (October) 0.0029
2019 Avg (October) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0025 0.0026
February 0.0026 0.0026 0.0026
March 0.0028 0.0026 0.0027
April 0.0027 0.0026 0.0026
May 0.0027 0.0027 0.0027
June 0.0027 0.0027 0.0027
July 0.0028 0.0027 0.0027
August 0.0028 0.0027 0.0028
September 0.0029 0.0028 0.0028
October 0.0029 0.0029 0.0029
November 0.0029 0.0029 0.0029
December 0.0028 0.0027 0.0028