YEARLY HIGH
2689.3355 MGA
YEARLY LOW
2335.5845 MGA
YEARLY AVERAGE
2476.3635 MGA

2018 SGD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 2689.3355. Conversely, the yearly low was recorded on March 8, dropping to 2335.5845.

This high-to-low spread represents a total annual volatility of 353.7510 MGA. From a start-to-finish perspective, comparing the January average rate of 2453.4106 to the December average rate of 2590.2810, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2689.3355 was up 10.29% compared to the 2017 peak of 2438.3689, 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 13,446,677 MGA
2017 Average 11,310,988 MGA
Yearly Trough Low 11,677,923 MGA
Transaction Impact: A difference of 1,768,754.80 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2638.5958
2373.3983
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 2436.8065, compared to 2515.9206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 79.1141 points.

H1 Avg (Jan–Jun) 2436.8065
H2 Avg (Jul–Dec) 2515.9206

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 142.1243 MGA (High: 2689.3355 / Low: 2547.2112). On the other end, August was the most stable month, with a tight range of 41.2962 MGA (High: 2441.6900 / Low: 2400.3939).

December Spread (Volatile) ±142.1243
August Spread (Stable) ±41.2962

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 52.4713 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -52.4713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2590.2810) against the same month in 2017 (average: 2396.6512), the exchange rate shifted by +193.6298 (+8.08%).

2018 Avg (December) 2590.2810
2017 Avg (December) 2396.6512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2471.9164 2424.4141 2453.4106
February 2458.5422 2358.1382 2400.9392
March 2453.4456 2335.5845 2395.4981
April 2472.3587 2413.4945 2443.9102
May 2485.3036 2413.2683 2433.2383
June 2548.2728 2432.2742 2493.8427
July 2488.6245 2408.6920 2453.5080
August 2441.6900 2400.3939 2416.3082
September 2511.3694 2430.8712 2481.0226
October 2577.6505 2494.3867 2537.9076
November 2673.1810 2560.9171 2616.4960
December 2689.3355 2547.2112 2590.2810