2017 SAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 97.8991. Conversely, the yearly low was recorded on November 25, dropping to 94.0782.
This high-to-low spread represents a total annual volatility of 3.8210 MRO. From a start-to-finish perspective, comparing the January average rate of 95.6193 to the December average rate of 94.7503, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 97.8991 was up 2.01% compared to the 2016 peak of 95.9664, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SAR to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 95.8641, compared to 96.0660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2019 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 3.4897 MRO (High: 97.8991 / Low: 94.4094). On the other end, December was the most stable month, with a tight range of 0.7110 MRO (High: 95.1227 / Low: 94.4117).
Growth Streaks & Declines
TrendsBetween May and September, 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 October and November, when the average rate fell by 1.6556 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 96.2795) against the same month in 2016 (average: 95.0498), the exchange rate shifted by +1.2297 (+1.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 96.2367 | 95.0888 | 95.6193 |
| February | 96.2457 | 95.2273 | 95.7253 |
| March | 96.2386 | 94.9266 | 95.7906 |
| April | 96.3524 | 95.3143 | 96.0114 |
| May | 96.5279 | 95.5674 | 95.9759 |
| June | 96.6680 | 95.4771 | 96.0620 |
| July | 97.0897 | 95.7548 | 96.3878 |
| August | 97.8319 | 96.4915 | 96.9299 |
| September | 97.8939 | 97.1018 | 97.4247 |
| October | 97.8991 | 94.4094 | 96.2795 |
| November | 95.0613 | 94.0782 | 94.6238 |
| December | 95.1227 | 94.4117 | 94.7503 |