YEARLY HIGH
7.1059 MAD
YEARLY LOW
6.8333 MAD
YEARLY AVERAGE
6.9582 MAD

2018 SGD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 7.1059. Conversely, the yearly low was recorded on September 17, dropping to 6.8333.

This high-to-low spread represents a total annual volatility of 0.2726 MAD. From a start-to-finish perspective, comparing the January average rate of 7.0006 to the December average rate of 6.9573, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.1059 was down 1.59% compared to the 2017 peak of 7.2208, 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 35,529 MAD
2017 Average 35,140 MAD
Yearly Trough Low 34,167 MAD
Transaction Impact: A difference of 1,362.83 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.0612
6.8411
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 7.0040, compared to 6.9125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0915 points.

H1 Avg (Jan–Jun) 7.0040
H2 Avg (Jul–Dec) 6.9125

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1425 MAD (High: 7.0999 / Low: 6.9574). On the other end, July was the most stable month, with a tight range of 0.0381 MAD (High: 6.9579 / Low: 6.9198).

June Spread (Volatile) ±0.1425
July Spread (Stable) ±0.0381

Growth Streaks & Declines

Trends

Between February and June, 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 0.1026 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 7.0340) against the same month in 2017 (average: 7.0494), the exchange rate shifted by -0.0154 (-0.22%).

2018 Avg (May) 7.0340
2017 Avg (May) 7.0494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.0369 6.9687 7.0006
February 6.9935 6.9173 6.9631
March 7.0265 6.9447 6.9832
April 7.0330 6.9698 7.0002
May 7.1059 6.9781 7.0340
June 7.0999 6.9574 7.0429
July 6.9579 6.9198 6.9403
August 6.9558 6.8763 6.9270
September 6.8918 6.8333 6.8595
October 6.9083 6.8401 6.8736
November 6.9438 6.8947 6.9173
December 7.0113 6.9124 6.9573