YEARLY HIGH
0.0046 SGD
YEARLY LOW
0.0037 SGD
YEARLY AVERAGE
0.0039 SGD

2016 MRO to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0046. Conversely, the yearly low was recorded on June 23, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0009 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0040, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0046 was down 5.47% compared to the 2015 peak of 0.0049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 SGD
2015 Average 22 SGD
Yearly Trough Low 19 SGD
Transaction Impact: A difference of 4.48 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0043
0.0037
JanuMarcMayJulySeptNove

MRO to SGD 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 0.0040, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0005 SGD (High: 0.0046 / Low: 0.0041). On the other end, July was the most stable month, with a tight range of 0.0001 SGD (High: 0.0038 / Low: 0.0038).

January Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0043) against the same month in 2015 (average: 0.0046), the exchange rate shifted by -0.0003 (-6.64%).

2016 Avg (January) 0.0043
2015 Avg (January) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0041 0.0043
February 0.0042 0.0041 0.0041
March 0.0041 0.0039 0.0040
April 0.0039 0.0039 0.0039
May 0.0040 0.0039 0.0039
June 0.0039 0.0037 0.0038
July 0.0038 0.0038 0.0038
August 0.0038 0.0038 0.0038
September 0.0038 0.0038 0.0038
October 0.0039 0.0038 0.0039
November 0.0040 0.0039 0.0039
December 0.0040 0.0040 0.0040