YEARLY HIGH
0.3317 SGD
YEARLY LOW
0.3152 SGD
YEARLY AVERAGE
0.3212 SGD

2017 MYR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.3317. Conversely, the yearly low was recorded on March 15, dropping to 0.3152.

This high-to-low spread represents a total annual volatility of 0.0165 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3206 to the December average rate of 0.3302, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3317 was down 5.15% compared to the 2016 peak of 0.3497, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 6,634 SGD
2016 Average 6,670 SGD
Yearly Trough Low 6,304 SGD
Transaction Impact: A difference of 330.24 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3315
0.3152
JanuMarcMayJulySeptNove

MYR 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 0.3200, compared to 0.3224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.3200
H2 Avg (Jul–Dec) 0.3224

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0089 SGD (High: 0.3298 / Low: 0.3209). On the other end, August was the most stable month, with a tight range of 0.0015 SGD (High: 0.3183 / Low: 0.3167).

November Spread (Volatile) ±0.0089
August Spread (Stable) ±0.0015

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 June and July, when the average rate fell by 0.0041 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.3302) against the same month in 2016 (average: 0.3222), the exchange rate shifted by +0.0080 (+2.47%).

2017 Avg (December) 0.3302
2016 Avg (December) 0.3222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3233 0.3178 0.3206
February 0.3204 0.3164 0.3184
March 0.3185 0.3152 0.3166
April 0.3219 0.3152 0.3175
May 0.3251 0.3204 0.3231
June 0.3247 0.3206 0.3235
July 0.3223 0.3165 0.3194
August 0.3183 0.3167 0.3176
September 0.3224 0.3178 0.3204
October 0.3230 0.3196 0.3215
November 0.3298 0.3209 0.3252
December 0.3317 0.3284 0.3302