2023 MWK to SAR Historical Review

YEARLY HIGH

0.0037 SAR

YEARLY LOW

0.0022 SAR

YEARLY AVERAGE

0.0034 SAR

2023 MWK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0037. Conversely, the yearly low was recorded on December 16, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0015 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0022, the exchange rate registered a net change of -39.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0037 was down 21.11% compared to the 2022 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 SAR

2022 Average 20 SAR

Yearly Trough Low 11 SAR

Transaction Impact: A difference of 7.47 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038

0.0021

JanuMarcMayJulySeptNove

MWK 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 0.0037, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0037

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0011 SAR (High: 0.0034 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0000 SAR (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0011

December Spread (Stable) ±0.0000

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 October and November, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0037) against the same month in 2022 (average: 0.0046), the exchange rate shifted by -0.0010 (-20.92%).

2023 Avg (March) 0.0037

2022 Avg (March) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0037	0.0037
February	0.0037	0.0036	0.0037
March	0.0037	0.0036	0.0037
April	0.0037	0.0037	0.0037
May	0.0037	0.0036	0.0037
June	0.0037	0.0036	0.0037
July	0.0036	0.0036	0.0036
August	0.0036	0.0034	0.0035
September	0.0036	0.0034	0.0035
October	0.0035	0.0032	0.0033
November	0.0034	0.0022	0.0027
December	0.0022	0.0022	0.0022