YEARLY HIGH
11.4337 MVR
YEARLY LOW
10.5282 MVR
YEARLY AVERAGE
11.0598 MVR

2016 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 11.4337. Conversely, the yearly low was recorded on December 28, dropping to 10.5282.

This high-to-low spread represents a total annual volatility of 0.9055 MVR. From a start-to-finish perspective, comparing the January average rate of 10.6920 to the December average rate of 10.6632, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.4337 was down 1.31% compared to the 2015 peak of 11.5852, 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 57,169 MVR
2015 Average 55,639 MVR
Yearly Trough Low 52,641 MVR
Transaction Impact: A difference of 4,527.65 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.3586
10.6000
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.0747, compared to 11.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 11.0747
H2 Avg (Jul–Dec) 11.0448

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.4165 MVR (High: 11.3324 / Low: 10.9159). On the other end, September was the most stable month, with a tight range of 0.1665 MVR (High: 11.3289 / Low: 11.1624).

March Spread (Volatile) ±0.4165
September Spread (Stable) ±0.1665

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.2106 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 11.2847) against the same month in 2015 (average: 11.3607), the exchange rate shifted by -0.0759 (-0.67%).

2016 Avg (June) 11.2847
2015 Avg (June) 11.3607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8575 10.5859 10.6920
February 11.0227 10.7388 10.8892
March 11.3324 10.9159 11.1267
April 11.4116 11.1383 11.2954
May 11.4068 11.0364 11.1604
June 11.4337 11.0795 11.2847
July 11.3513 11.1516 11.2517
August 11.3475 11.1595 11.2649
September 11.3289 11.1624 11.2248
October 11.1973 10.9205 11.0374
November 11.0350 10.6411 10.8268
December 10.7854 10.5282 10.6632