YEARLY HIGH
0.0899 SGD
YEARLY LOW
0.0846 SGD
YEARLY AVERAGE
0.0874 SGD

2018 MVR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0899. Conversely, the yearly low was recorded on April 8, dropping to 0.0846.

This high-to-low spread represents a total annual volatility of 0.0053 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0858 to the December average rate of 0.0887, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0899 was down 6.78% compared to the 2017 peak of 0.0964, 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 449 SGD
2017 Average 447 SGD
Yearly Trough Low 423 SGD
Transaction Impact: A difference of 26.48 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0898
0.0847
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 0.0859, compared to 0.0888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0859
H2 Avg (Jul–Dec) 0.0888

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0029 SGD (High: 0.0888 / Low: 0.0859). On the other end, March was the most stable month, with a tight range of 0.0009 SGD (High: 0.0855 / Low: 0.0847).

June Spread (Volatile) ±0.0029
March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0894) against the same month in 2017 (average: 0.0883), the exchange rate shifted by +0.0011 (+1.30%).

2018 Avg (October) 0.0894
2017 Avg (October) 0.0883

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0868 0.0848 0.0858
February 0.0865 0.0847 0.0855
March 0.0855 0.0847 0.0851
April 0.0859 0.0846 0.0853
May 0.0869 0.0860 0.0864
June 0.0888 0.0859 0.0873
July 0.0888 0.0873 0.0883
August 0.0893 0.0881 0.0887
September 0.0894 0.0885 0.0889
October 0.0899 0.0890 0.0894
November 0.0896 0.0887 0.0890
December 0.0891 0.0881 0.0887