2018 SAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 95.3387. Conversely, the yearly low was recorded on October 8, dropping to 55.4674.
This high-to-low spread represents a total annual volatility of 39.8713 MRO. From a start-to-finish perspective, comparing the January average rate of 94.6290 to the December average rate of 95.1596, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 95.3387 was down 2.62% compared to the 2017 peak of 97.8991, 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 2018.
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 94.7852, compared to 94.6973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 39.8685 MRO (High: 95.3359 / Low: 55.4674). On the other end, November was the most stable month, with a tight range of 0.0686 MRO (High: 95.1938 / Low: 95.1252).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.6192 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 95.2301) against the same month in 2017 (average: 97.4247), the exchange rate shifted by -2.1946 (-2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.8109 | 94.2345 | 94.6290 |
| February | 94.9397 | 94.6474 | 94.7642 |
| March | 95.0654 | 94.6528 | 94.8360 |
| April | 95.1949 | 94.0579 | 94.7993 |
| May | 95.0692 | 93.9537 | 94.8287 |
| June | 95.0679 | 94.3108 | 94.8540 |
| July | 95.1099 | 94.7899 | 94.9410 |
| August | 95.3257 | 94.7850 | 95.0846 |
| September | 95.3387 | 95.0553 | 95.2301 |
| October | 95.3359 | 55.4674 | 92.6109 |
| November | 95.1938 | 95.1252 | 95.1573 |
| December | 95.1886 | 95.1176 | 95.1596 |