YEARLY HIGH
11.5167 MVR
YEARLY LOW
10.3727 MVR
YEARLY AVERAGE
11.1817 MVR

2017 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.5167. Conversely, the yearly low was recorded on August 18, dropping to 10.3727.

This high-to-low spread represents a total annual volatility of 1.1440 MVR. From a start-to-finish perspective, comparing the January average rate of 10.7515 to the December average rate of 11.4430, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.5167 was up 0.73% compared to the 2016 peak of 11.4337, 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 57,583 MVR
2016 Average 55,298 MVR
Yearly Trough Low 51,863 MVR
Transaction Impact: A difference of 5,720.22 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.5122
10.6824
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 11.0151, compared to 11.3482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3331 points.

H1 Avg (Jan–Jun) 11.0151
H2 Avg (Jul–Dec) 11.3482

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.0292 MVR (High: 11.4019 / Low: 10.3727). On the other end, November was the most stable month, with a tight range of 0.1075 MVR (High: 11.3829 / Low: 11.2754).

August Spread (Volatile) ±1.0292
November Spread (Stable) ±0.1075

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0879 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0879

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 11.4430) against the same month in 2016 (average: 10.6632), the exchange rate shifted by +0.7798 (+7.31%).

2017 Avg (December) 11.4430
2016 Avg (December) 10.6632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9307 10.5288 10.7515
February 11.0655 10.8338 10.9290
March 11.1108 10.9483 11.0290
April 11.1160 10.9763 11.0415
May 11.2915 10.8717 11.0945
June 11.3491 11.1533 11.2454
July 11.4098 11.1818 11.2977
August 11.4019 10.3727 11.2725
September 11.5040 11.3301 11.4181
October 11.4206 11.2567 11.3302
November 11.3829 11.2754 11.3277
December 11.5167 11.3873 11.4430