YEARLY HIGH
0.0040 SGD
YEARLY LOW
0.0037 SGD
YEARLY AVERAGE
0.0038 SGD

2017 MRO to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0040. Conversely, the yearly low was recorded on September 9, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0004 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0038, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0040 was down 12.99% compared to the 2016 peak of 0.0046, 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 20 SGD
2016 Average 20 SGD
Yearly Trough Low 18 SGD
Transaction Impact: A difference of 1.87 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0040
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 0.0039, compared to 0.0038 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) 0.0039
H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0002 SGD (High: 0.0038 / Low: 0.0037). On the other end, April was the most stable month, with a tight range of 0.0000 SGD (High: 0.0039 / Low: 0.0039).

October Spread (Volatile) ±0.0002
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0040) against the same month in 2016 (average: 0.0043), the exchange rate shifted by -0.0003 (-6.95%).

2017 Avg (January) 0.0040
2016 Avg (January) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

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