YEARLY HIGH
11.5252 MVR
YEARLY LOW
11.0769 MVR
YEARLY AVERAGE
11.3231 MVR

2019 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 11.5252. Conversely, the yearly low was recorded on September 3, dropping to 11.0769.

This high-to-low spread represents a total annual volatility of 0.4483 MVR. From a start-to-finish perspective, comparing the January average rate of 11.4174 to the December average rate of 11.3844, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 11.5252 was down 2.52% compared to the 2018 peak of 11.8233, 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 57,626 MVR
2018 Average 57,240 MVR
Yearly Trough Low 55,384 MVR
Transaction Impact: A difference of 2,241.68 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.4460
11.1393
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 11.3720, compared to 11.2742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0978 points.

H1 Avg (Jan–Jun) 11.3720
H2 Avg (Jul–Dec) 11.2742

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.2480 MVR (High: 11.3567 / Low: 11.1086). On the other end, April was the most stable month, with a tight range of 0.1134 MVR (High: 11.4195 / Low: 11.3061).

October Spread (Volatile) ±0.2480
April Spread (Stable) ±0.1134

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 0.1795 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 11.4159) against the same month in 2018 (average: 11.7469), the exchange rate shifted by -0.3310 (-2.82%).

2019 Avg (March) 11.4159
2018 Avg (March) 11.7469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.5148 11.2964 11.4174
February 11.4781 11.3429 11.4204
March 11.5252 11.3573 11.4159
April 11.4195 11.3061 11.3787
May 11.3202 11.1685 11.2478
June 11.4493 11.2671 11.3516
July 11.4343 11.2331 11.3443
August 11.2048 11.0827 11.1649
September 11.2131 11.0769 11.1698
October 11.3567 11.1086 11.2514
November 11.4190 11.2663 11.3302
December 11.4546 11.2681 11.3844