2017 MYR to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MYR to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MYR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 3.4604. Conversely, the yearly low was recorded on January 3, dropping to 2.9069.
This high-to-low spread represents a total annual volatility of 0.5534 SCR. From a start-to-finish perspective, comparing the January average rate of 3.0003 to the December average rate of 3.4161, the exchange rate registered a net change of 13.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.4604 was down 4.58% compared to the 2016 peak of 3.6264, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MYR to SCR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0681, compared to 3.2551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1870 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.1949 SCR (High: 3.4093 / Low: 3.2144). On the other end, September was the most stable month, with a tight range of 0.1007 SCR (High: 3.2790 / Low: 3.1782).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3.4161) against the same month in 2016 (average: 3.0026), the exchange rate shifted by +0.4135 (+13.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.0720 | 2.9069 | 3.0003 |
| February | 3.0694 | 2.9674 | 3.0275 |
| March | 3.0929 | 2.9182 | 3.0336 |
| April | 3.1387 | 2.9599 | 3.0611 |
| May | 3.2041 | 3.0725 | 3.1373 |
| June | 3.2588 | 3.0747 | 3.1491 |
| July | 3.2112 | 3.0600 | 3.1558 |
| August | 3.2055 | 3.0609 | 3.1692 |
| September | 3.2790 | 3.1782 | 3.2345 |
| October | 3.3176 | 3.1682 | 3.2397 |
| November | 3.4093 | 3.2144 | 3.3155 |
| December | 3.4604 | 3.2821 | 3.4161 |