YEARLY HIGH
265.2810 MRO
YEARLY LOW
256.5398 MRO
YEARLY AVERAGE
261.7450 MRO

2019 SGD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 265.2810. Conversely, the yearly low was recorded on September 2, dropping to 256.5398.

This high-to-low spread represents a total annual volatility of 8.7412 MRO. From a start-to-finish perspective, comparing the January average rate of 263.2390 to the December average rate of 263.1774, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 265.2810 was down 2.54% compared to the 2018 peak of 272.1975, 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 1,326,405 MRO
2018 Average 1,317,228 MRO
Yearly Trough Low 1,282,699 MRO
Transaction Impact: A difference of 43,705.88 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

264.3191
257.1471
JanuMarcMayJulySeptNove

SGD to MRO 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 262.7303, compared to 260.7597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9706 points.

H1 Avg (Jan–Jun) 262.7303
H2 Avg (Jul–Dec) 260.7597

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 4.6473 MRO (High: 262.3592 / Low: 257.7119). On the other end, November was the most stable month, with a tight range of 2.0364 MRO (High: 263.0394 / Low: 261.0031).

October Spread (Volatile) ±4.6473
November Spread (Stable) ±2.0364

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 July and August, when the average rate fell by 4.4497 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.4497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 263.6399) against the same month in 2018 (average: 270.4232), the exchange rate shifted by -6.7833 (-2.51%).

2019 Avg (March) 263.6399
2018 Avg (March) 270.4232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 265.2106 261.0222 263.2390
February 264.9437 262.3993 263.7214
March 265.2810 262.4319 263.6399
April 264.0730 262.0210 263.2514
May 262.4228 258.5392 260.4626
June 264.0728 259.7809 262.0673
July 263.3584 259.7287 262.1945
August 259.2969 256.7062 257.7448
September 259.9405 256.5398 258.7341
October 262.3592 257.7119 260.5389
November 263.0394 261.0031 262.1682
December 264.7739 261.0987 263.1774