YEARLY HIGH
11.8233 MVR
YEARLY LOW
11.1265 MVR
YEARLY AVERAGE
11.4496 MVR

2018 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 11.8233. Conversely, the yearly low was recorded on October 8, dropping to 11.1265.

This high-to-low spread represents a total annual volatility of 0.6968 MVR. From a start-to-finish perspective, comparing the January average rate of 11.6546 to the December average rate of 11.2723, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.8233 was up 2.66% compared to the 2017 peak of 11.5167, 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 59,116 MVR
2017 Average 55,915 MVR
Yearly Trough Low 55,633 MVR
Transaction Impact: A difference of 3,483.85 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.8030
11.1290
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 11.6424, compared to 11.2568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3856 points.

H1 Avg (Jan–Jun) 11.6424
H2 Avg (Jul–Dec) 11.2568

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.3736 MVR (High: 11.6349 / Low: 11.2613). On the other end, September was the most stable month, with a tight range of 0.1107 MVR (High: 11.2985 / Low: 11.1878).

June Spread (Volatile) ±0.3736
September Spread (Stable) ±0.1107

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.1463 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 11.7234) against the same month in 2017 (average: 11.0415), the exchange rate shifted by +0.6819 (+6.18%).

2018 Avg (April) 11.7234
2017 Avg (April) 11.0415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7871 11.5142 11.6546
February 11.8080 11.5664 11.6949
March 11.8103 11.6916 11.7469
April 11.8233 11.6409 11.7234
May 11.6283 11.5031 11.5771
June 11.6349 11.2613 11.4576
July 11.4508 11.2563 11.3211
August 11.3497 11.1945 11.2760
September 11.2985 11.1878 11.2470
October 11.2405 11.1265 11.1852
November 11.2786 11.1584 11.2392
December 11.3444 11.2215 11.2723