YEARLY HIGH
51.4082 MZN
YEARLY LOW
42.8432 MZN
YEARLY AVERAGE
46.5358 MZN

2017 SGD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 51.4082. Conversely, the yearly low was recorded on June 21, dropping to 42.8432.

This high-to-low spread represents a total annual volatility of 8.5650 MZN. From a start-to-finish perspective, comparing the January average rate of 49.4840 to the December average rate of 44.3742, the exchange rate registered a net change of -10.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 51.4082 was down 10.60% compared to the 2016 peak of 57.5048, 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 257,041 MZN
2016 Average 226,967 MZN
Yearly Trough Low 214,216 MZN
Transaction Impact: A difference of 42,824.76 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

50.2382
43.6171
JanuMarcMayJulySeptNove

SGD to MZN 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 48.2657, compared to 44.8058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4599 points.

H1 Avg (Jan–Jun) 48.2657
H2 Avg (Jul–Dec) 44.8058

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 8.5650 MZN (High: 51.4082 / Low: 42.8432). On the other end, August was the most stable month, with a tight range of 0.6942 MZN (High: 45.1200 / Low: 44.4258).

June Spread (Volatile) ±8.5650
August Spread (Stable) ±0.6942

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 3.4401 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 45.2062) against the same month in 2016 (average: 44.7580), the exchange rate shifted by +0.4482 (+1.00%).

2017 Avg (June) 45.2062
2016 Avg (June) 44.7580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.0077 49.0937 49.4840
February 50.0893 49.2342 49.6865
March 50.0273 48.5399 49.2360
April 49.0319 46.8456 47.3353
May 51.3430 45.3296 48.6462
June 51.4082 42.8432 45.2062
July 45.0746 42.9674 44.1688
August 45.1200 44.4258 44.9122
September 46.0800 44.9213 45.5813
October 45.6816 44.5839 44.9116
November 45.3493 44.5343 44.8869
December 45.2978 43.7865 44.3742