YEARLY HIGH
0.0964 SGD
YEARLY LOW
0.0868 SGD
YEARLY AVERAGE
0.0895 SGD

2017 MVR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0964. Conversely, the yearly low was recorded on December 30, dropping to 0.0868.

This high-to-low spread represents a total annual volatility of 0.0096 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0930 to the December average rate of 0.0874, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0964 was up 1.50% compared to the 2016 peak of 0.0950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 482 SGD
2016 Average 452 SGD
Yearly Trough Low 434 SGD
Transaction Impact: A difference of 47.88 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0936
0.0868
JanuMarcMayJulySeptNove

MVR 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 0.0908, compared to 0.0881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0908
H2 Avg (Jul–Dec) 0.0881

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0087 SGD (High: 0.0964 / Low: 0.0877). On the other end, November was the most stable month, with a tight range of 0.0008 SGD (High: 0.0887 / Low: 0.0879).

August Spread (Volatile) ±0.0087
November Spread (Stable) ±0.0008

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 January and February, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0888) against the same month in 2016 (average: 0.0888), the exchange rate shifted by -0.0000 (-0.01%).

2017 Avg (August) 0.0888
2016 Avg (August) 0.0888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0950 0.0915 0.0930
February 0.0923 0.0904 0.0915
March 0.0913 0.0900 0.0907
April 0.0911 0.0900 0.0906
May 0.0920 0.0886 0.0901
June 0.0897 0.0881 0.0889
July 0.0894 0.0876 0.0885
August 0.0964 0.0877 0.0888
September 0.0883 0.0869 0.0876
October 0.0888 0.0876 0.0883
November 0.0887 0.0879 0.0883
December 0.0878 0.0868 0.0874