YEARLY HIGH
47.4382 MZN
YEARLY LOW
42.0243 MZN
YEARLY AVERAGE
44.6786 MZN

2018 SGD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 47.4382. Conversely, the yearly low was recorded on August 13, dropping to 42.0243.

This high-to-low spread represents a total annual volatility of 5.4140 MZN. From a start-to-finish perspective, comparing the January average rate of 44.7009 to the December average rate of 44.4947, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 47.4382 was down 7.72% compared to the 2017 peak of 51.4082, 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 237,191 MZN
2017 Average 232,592 MZN
Yearly Trough Low 210,121 MZN
Transaction Impact: A difference of 27,069.91 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

47.4632
42.4787
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 45.5273, compared to 43.8298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6975 points.

H1 Avg (Jan–Jun) 45.5273
H2 Avg (Jul–Dec) 43.8298

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.8439 MZN (High: 45.8837 / Low: 44.0397). On the other end, October was the most stable month, with a tight range of 0.5661 MZN (High: 44.2448 / Low: 43.6787).

January Spread (Volatile) ±1.8439
October Spread (Stable) ±0.5661

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 1.1685 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 47.0478) against the same month in 2017 (average: 49.2360), the exchange rate shifted by -2.1882 (-4.44%).

2018 Avg (March) 47.0478
2017 Avg (March) 49.2360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.8837 44.0397 44.7009
February 46.5041 45.6519 46.1616
March 47.4382 46.5421 47.0478
April 46.7326 44.9956 46.1128
May 45.3045 44.6048 44.9443
June 45.0102 43.4749 44.1962
July 44.0744 42.6131 43.2977
August 43.8218 42.0243 42.8941
September 44.5781 43.4619 44.1053
October 44.2448 43.6787 43.9217
November 44.7514 43.9281 44.2654
December 44.8803 43.9916 44.4947