YEARLY HIGH
2438.3689 MGA
YEARLY LOW
2109.2388 MGA
YEARLY AVERAGE
2262.0923 MGA

2017 SGD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2438.3689. Conversely, the yearly low was recorded on July 6, dropping to 2109.2388.

This high-to-low spread represents a total annual volatility of 329.1301 MGA. From a start-to-finish perspective, comparing the January average rate of 2295.4988 to the December average rate of 2396.6512, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2438.3689 was down 0.56% compared to the 2016 peak of 2452.0580, 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 12,191,845 MGA
2016 Average 11,505,948 MGA
Yearly Trough Low 10,546,194 MGA
Transaction Impact: A difference of 1,645,650.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2420.4529
2134.8330
JanuMarcMayJulySeptNove

SGD to MGA 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 2264.7527, compared to 2259.4318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3209 points.

H1 Avg (Jan–Jun) 2264.7527
H2 Avg (Jul–Dec) 2259.4318

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 179.0079 MGA (High: 2352.5405 / Low: 2173.5326). On the other end, September was the most stable month, with a tight range of 64.1012 MGA (High: 2245.9512 / Low: 2181.8500).

March Spread (Volatile) ±179.0079
September Spread (Stable) ±64.1012

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 105.0165 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -105.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2396.6512) against the same month in 2016 (average: 2321.1434), the exchange rate shifted by +75.5078 (+3.25%).

2017 Avg (December) 2396.6512
2016 Avg (December) 2321.1434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2342.5797 2235.0564 2295.4988
February 2284.6271 2178.9745 2228.2690
March 2352.5405 2173.5326 2268.0246
April 2353.9802 2266.2756 2289.4832
May 2290.6536 2202.4099 2243.5895
June 2341.0299 2193.2660 2263.6512
July 2227.0354 2109.2388 2158.6347
August 2201.4597 2135.1353 2178.9974
September 2245.9512 2181.8500 2213.7478
October 2316.3103 2224.7268 2264.0882
November 2392.1023 2316.9055 2344.4715
December 2438.3689 2349.7155 2396.6512