2015 SGD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 SGD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 11.5852. Conversely, the yearly low was recorded on October 3, dropping to 10.6868.
This high-to-low spread represents a total annual volatility of 0.8984 MVR. From a start-to-finish perspective, comparing the January average rate of 11.4218 to the December average rate of 10.8824, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 11.5852 was down 7.01% compared to the 2014 peak of 12.4590, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
SGD to MVR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3145, compared to 10.9420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3725 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was April, with a trading range of 0.4680 MVR (High: 11.5852 / Low: 11.1172). On the other end, February was the most stable month, with a tight range of 0.1275 MVR (High: 11.3270 / Low: 11.1996).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2866 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2015: 11.3135) against the same month in 2014 (average: 12.2754), the exchange rate shifted by -0.9620 (-7.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5426 | 11.2771 | 11.4218 |
| February | 11.3270 | 11.1996 | 11.2622 |
| March | 11.2122 | 10.9657 | 11.0808 |
| April | 11.5852 | 11.1172 | 11.3135 |
| May | 11.5752 | 11.2958 | 11.4483 |
| June | 11.4531 | 11.2211 | 11.3607 |
| July | 11.3669 | 11.1143 | 11.2389 |
| August | 11.1573 | 10.8397 | 10.9523 |
| September | 10.9420 | 10.7131 | 10.8094 |
| October | 11.0793 | 10.6868 | 10.9318 |
| November | 10.9696 | 10.7659 | 10.8372 |
| December | 10.9658 | 10.8150 | 10.8824 |