Tuesday, May 11, 2021


Euro (EUR) v/s Saudi Riyal (SAR)
EUR 1 buys 4.564 SAR

Index (Click on tabs to view details)

Currency Dashboard & Past Week

The Euro has increased 0.32 Saudi Hallallah (or 0.1%). The Euro rose in four out of the last 5 trading days, for a 5-day rise of 1.2% to close at SAR4.56.

Currency Dashboard


Trading CountryEUR: European UnionTrading CountrySAR: Saudi Arabia
11 May, Close EUR/SAR 4.563611 May, Close SAR/EUR 0.2192
1-day change (%)EUR up 0.0706%1-day change (%)SAR down 0.0146%
YTD change (%)EUR down 0.8%YTD change (%)SAR up 1.0%
Relative Strength (6 mo)75.0Relative Strength (6 mo)26.1


+    The EUR is up 1.2% against the SAR in the past week.
+    The exchange rate ranged between a low of 4.4989 on Wednesday, May 05 and a high of 4.5636 on Tuesday, May 11.
DayEuroClose (SAR)Change %Comment
WednesdayFalls for a fourth consecutive day, a four-day fall of 0.9% vs the Saudi Riyal (SAR)4.4989-0.2Week-low of 4.4989 Steepest Fall
ThursdayIncreases 0.5% vs the Saudi Riyal (SAR)4.52290.5Top Rise
FridayIncreases vs the Saudi Riyal (SAR)4.54530.5Rises for a second consecutive day
MondayRises for a third consecutive day, a three-day rise of 1.4% vs the Saudi Riyal (SAR)4.56040.3Rises for a third consecutive day
TuesdayRises in 4 out of last 5 days vs the Saudi Riyal (SAR)4.56360.1Week-high of 4.5636

Today's Bullish Signals

Uptrend of EUR vs SAR

Positive MACD:
- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 4.53 minus the 26-day EMA of 4.51 is positive, suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.

Past Month:
- Rises to Falls: In the past month the number of rises outnumbered falls 15:6 or 2.5:1.


Past Quarter:
The Best 3 weeks in the past quarter:
In the past quarter the top rise of 1.1% took place in the week beginning Monday April 05.
Mon-FriChange %
Apr 05-091.1
Apr 12-160.8
Apr 19-230.7



Relative Strength (6 months) 75 percentile:
- The EUR/SAR has a 6-month relative strength of 75 in the Currency market of 1,998 currencies indicating it has outperformed 75% of the global currency market.


Ongoing Bullish Parameters

Rank in the top 15% in the Currency Pairs market

DescriptionValueRank
1-week Price Change %1.2In Top 15%
1-month Price Change %2.3In Top 15%



Present Value of SAR1000 Invested in the Past [3 Mo, 3 Yrs]; The Best Periods with PVSAR1000 > 1,002

PVSAR1,0003 mo ago3 yrs ago
EUR/SARSAR1,003SAR1,020



The Best Periods [3 Mo, 1 Yr, 3 Yrs] with Change % > 0.2

Change %QuarterYear3 Years
EUR/SAR0.312.32



Today's Bearish Signals

Overbought/Bearish/Resistance Signals:

- At SAR4.56 the exchange rate has risen above the upper Bollinger band resistance of SAR4.56, indicating a downside risk for it to fall back within the band.


Ongoing Bearish Parameters

Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Periods with TSR < 1.7%

TSR %3 yrs5 yrs10 yrs20 yrs
EUR.CURR0.71.4-0.71.6



Present Value of SAR1000 Invested in the Past Year; The Worst Period with PVSAR1000 < 891

PVSAR1,0001 yr ago
EUR/SARSAR890



Currency Crossrates

Currency Crossrates Today's Snapshot for EUR

EUR1=1,362.3848KRWSouth KoreaRises for a second consecutive day, a two-day rise of 0.7% vs the South-Korean Won (KRW)
EUR1=1.6129SGDSingaporeRises for a fourth consecutive day, a four-day rise of 0.6% vs the Singapore dollar (SGD)
EUR1=1.6715NZDNew ZealandIncreases vs the New Zealand Dollar (NZD)
EUR1=10.0411NOKNorwayRises for a second consecutive day, a two-day rise of 0.4% vs the Norwegian Kroner (NOK)
EUR1=0.86GBPUnited KingdomFalls for a second consecutive day, a two-day fall of 1.1% vs the British Pound (GBP)
EUR1=24.1705MXNMexicoDecreases vs the Mexican Peso (MXN)
EUR1=132.1994JPYJapanDecreases vs the Japanese Yen (JPY)
EUR1=9.4522HKDHong KongRises in 4 out of last 5 days vs the Hong Kong dollar (HKD)
EUR1=7.8209CNYChinaIncreases vs the Chinese Yuan Renminbi (CNY)
EUR1=1.0976CHFSwitzerlandIncreases vs the Swiss Franc (CHF)
EUR1=1.4707CADCanadaDecreases vs the Canadian Dollar (CAD)
EUR1=1.5499AUDAustraliaIncreases vs the Australian Dollar (AUD)
EUR1=10.1002SEKSwedenDecreases vs the Swedish Krona (SEK)
EUR1=1.2138USDUnited States Of AmericaDecreases vs the US Dollar (USD)



Currency Crossrates Today's Snapshot for SAR

SAR1=1.7126CNYChinaIncreases vs the Chinese Yuan Renminbi (CNY)
SAR1=0.2407CHFSwitzerlandIncreases vs the Swiss Franc (CHF)
SAR1=0.3229CADCanadaFalls for a fifth consecutive day, a five-day fall of 1.7% vs the Canadian Dollar (CAD)
SAR1=5.3007MXNMexicoFalls for a sixth consecutive day, a six-day fall of 2.2% vs the Mexican Peso (MXN)
SAR1=2.1981NOKNorwayIncreases vs the Norwegian Kroner (NOK)
SAR1=0.3398AUDAustraliaIncreases vs the Australian Dollar (AUD)
SAR1=29.024JPYJapanIncreases vs the Japanese Yen (JPY)
SAR1=0.2192EUREuropean UnionFalls for a fifth consecutive day, a five-day fall of 1.3% vs the Euro (EUR)
SAR1=0.3537SGDSingaporeIncreases vs the Singapore dollar (SGD)
SAR1=298.2517KRWSouth KoreaIncreases vs the South-Korean Won (KRW)
SAR1=2.2176SEKSwedenIncreases vs the Swedish Krona (SEK)
SAR1=0.3664NZDNew ZealandIncreases vs the New Zealand Dollar (NZD)
SAR1=2.0713HKDHong KongIncreases vs the Hong Kong dollar (HKD)
SAR1=0.1887GBPUnited KingdomDecreases vs the British Pound (GBP)



Period-Based % Change

% Change of EUR vs Currency Basket Period-Based

In the past year the Euro rose 12.3% against the Saudi Riyal; in the past three years the Euro rose 2.0% against the Saudi Riyal.

LastCountry1-day %1-week %1-Year %3-Yrs %
EUR1=4.564SARSaudi Arabia0.11.212.32.0
EUR1=1.0EUREuropean Union0.0---
EUR1=1.672NZDNew Zealand0.1-0.7-6.0-2.4
EUR1=132.199JPYJapan-0.713.61.3
EUR1=10.041NOKNorway0.10.3-9.35.3
EUR1=1.55AUDAustralia0.2-0.6-7.2-2.0
EUR1=1.214USDUnited States Of America-0.10.912.01.8
EUR1=24.17MXNMexico-0.3-0.7-6.65.5
EUR1=7.821CNYChina0.20.51.83.3
EUR1=9.452HKDHong Kong0.11.212.61.0
EUR1=1,362.385KRWSouth Korea0.70.62.77.4
EUR1=1.471CADCanada-0.2-0.7-3.0-3.3
EUR1=1.098CHFSwitzerland0.3-4.3-8.2
EUR1=10.1SEKSweden-0.3-0.8-4.9-2.0
EUR1=1.613SGDSingapore0.10.45.11.2
EUR1=0.86GBPUnited Kingdom-0.2-0.9-2.0-2.5



% Change of SAR vs Currency Basket Period-Based

In the past year the Saudi Riyal fell 7.1% against the Swiss Franc; in the past three years the Saudi Riyal fell 9.9% against the Swiss Franc.

LastCountry1-day %1-week %1-Year %3-Yrs %
SAR1=0.241CHFSwitzerland0.2-1.5-7.1-9.9
SAR1=298.252KRWSouth Korea0.4-0.5-8.65.1
SAR1=0.323CADCanada-0.1-1.7-13.3-5.1
SAR1=0.267USDUnited States Of America0.0---
SAR1=0.354SGDSingapore0.1-0.7-6.3-0.8
SAR1=0.366NZDNew Zealand0.1-2.0-16.2-4.2
SAR1=5.301MXNMexico--1.8-16.53.4
SAR1=1.713CNYChina0.1-0.8-9.41.2
SAR1=0.189GBPUnited Kingdom-0.3-1.8-12.5-4.6
SAR1=29.024JPYJapan0.1-0.51.5-0.5
SAR1=2.071HKDHong Kong--0.2-1.0
SAR1=0.219EUREuropean Union--1.3-11.0-2.2
SAR1=2.218SEKSweden--1.8-15.0-3.7
SAR1=2.198NOKNorway0.4-1.0-19.23.1
SAR1=0.34AUDAustralia0.3-1.7-17.0-4.2



Historical Perspective

Year-on-Year Comparison EUR/SAR (Trailing year - ended 11 May)

In the past 5 years, the EUR/SAR has jumped 6.3% from 4.29 to 4.56, an average compound annual appreciation of the EUR by 1.2%.
202120202019201820172016
Close4.564.064.214.484.084.29
% Change12.3-3.6-5.99.9-4.9-15.9
Range4.09 - 4.254.21 - 4.34


EUR1 buys SAR 4.56 today: Appreciation of EUR from 3.32 v/s SAR twenty years ago
Last5 Yrs ago10 Yrs ago15 Yrs ago20 Yrs ago
EUR/SAR4.564.264.884.773.32


Present Value of SAR1000 Invested in EUR 20 years ago is SAR1,375
PVSAR1,0005 yrs ago10 yrs ago20 yrs ago
EUR/SARSAR1,070SAR935SAR1,375



Macroeconomic Indicators

INDICATOREURO AREA[EUR]SAUDI ARABIA[SAR]
GDP (Billion USD)13,336793
GDP growth yoy (%)-5.0-3.8
Interest rate (%)0.051.0
Inflation rate (%)0.95.7
Unemployment rate (%)8.38.5
Budget / (Deficit) to GDP ratio (%)(0.6)(4.5)
Current account / (Deficit) to GDP ratio (%)2.36.3
Debt to GDP ratio (%)77.622.8



Credit Rating Summary

Saudi Arabia:
Rating AgencyLong TermForeign CurrencyDescription
Moody'sAa3
S&PA-Strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in circumstances. The minus (-) sign shows relative standing within the major rating category.
FITCHAAVery high credit quality: 'AA' ratings denote expectations of very low default risk. They indicate very strong capacity for payment of financial commitments.
DAGONGAA"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event.




Source: www.BuySellSignals.com