YEARLY HIGH
7.2208 MAD
YEARLY LOW
6.8881 MAD
YEARLY AVERAGE
7.0288 MAD

2017 SGD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 7.2208. Conversely, the yearly low was recorded on August 28, dropping to 6.8881.

This high-to-low spread represents a total annual volatility of 0.3327 MAD. From a start-to-finish perspective, comparing the January average rate of 7.0386 to the December average rate of 6.9990, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.2208 was down 0.96% compared to the 2016 peak of 7.2909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,104 MAD
2016 Average 35,505 MAD
Yearly Trough Low 34,440 MAD
Transaction Impact: A difference of 1,663.40 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.1949
6.9143
JanuMarcMayJulySeptNove

SGD to MAD 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 7.0930, compared to 6.9646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1285 points.

H1 Avg (Jan–Jun) 7.0930
H2 Avg (Jul–Dec) 6.9646

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1235 MAD (High: 7.1908 / Low: 7.0673). On the other end, July was the most stable month, with a tight range of 0.0668 MAD (High: 7.0287 / Low: 6.9619).

February Spread (Volatile) ±0.1235
July Spread (Stable) ±0.0668

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 April and May, when the average rate fell by 0.1221 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 7.1716) against the same month in 2016 (average: 7.1501), the exchange rate shifted by +0.0215 (+0.30%).

2017 Avg (April) 7.1716
2016 Avg (April) 7.1501

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.0803 6.9912 7.0386
February 7.1908 7.0673 7.1138
March 7.2069 7.0948 7.1408
April 7.2208 7.1032 7.1716
May 7.1099 7.0127 7.0494
June 7.0933 6.9873 7.0439
July 7.0287 6.9619 6.9918
August 6.9800 6.8881 6.9377
September 6.9817 6.9040 6.9381
October 6.9862 6.9185 6.9487
November 7.0026 6.9352 6.9721
December 7.0310 6.9603 6.9990