YEARLY HIGH
1017.5383 MMK
YEARLY LOW
934.3011 MMK
YEARLY AVERAGE
986.2365 MMK

2017 SGD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1017.5383. Conversely, the yearly low was recorded on January 3, dropping to 934.3011.

This high-to-low spread represents a total annual volatility of 83.2372 MMK. From a start-to-finish perspective, comparing the January average rate of 949.2502 to the December average rate of 1008.9972, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1017.5383 was up 6.25% compared to the 2016 peak of 957.6404, 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 5,087,692 MMK
2016 Average 4,471,799 MMK
Yearly Trough Low 4,671,505 MMK
Transaction Impact: A difference of 416,186.11 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1014.9719
943.2755
JanuMarcMayJulySeptNove

SGD to MMK 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 970.5518, compared to 1001.9212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.3694 points.

H1 Avg (Jan–Jun) 970.5518
H2 Avg (Jul–Dec) 1001.9212

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 29.9311 MMK (High: 1008.2167 / Low: 978.2856). On the other end, April was the most stable month, with a tight range of 14.1511 MMK (High: 980.3354 / Low: 966.1843).

July Spread (Volatile) ±29.9311
April Spread (Stable) ±14.1511

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 6.6897 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -6.6897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1008.9972) against the same month in 2016 (average: 939.4832), the exchange rate shifted by +69.5141 (+7.40%).

2017 Avg (December) 1008.9972
2016 Avg (December) 939.4832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 960.3841 934.3011 949.2502
February 979.1800 958.5002 967.5716
March 982.4888 958.9628 972.3498
April 980.3354 966.1843 972.6462
May 990.5451 961.2892 977.3768
June 993.6572 976.8588 984.1163
July 1008.2167 978.2856 994.1611
August 1008.4007 992.9334 999.4031
September 1016.5810 995.8192 1008.1878
October 1012.9312 990.8634 1001.4981
November 1017.5008 992.0059 999.2798
December 1017.5383 1001.1082 1008.9972