YEARLY HIGH
0.0067 SGD
YEARLY LOW
0.0037 SGD
YEARLY AVERAGE
0.0038 SGD

2018 MRO to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0067. Conversely, the yearly low was recorded on April 18, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0030 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0038, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0067 was up 64.66% compared to the 2017 peak of 0.0040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MRO based on timing:

Yearly Peak High 33 SGD
2017 Average 19 SGD
Yearly Trough Low 18 SGD
Transaction Impact: A difference of 14.90 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0041
0.0037
JanuMarcMayJulySeptNove

MRO to SGD 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 0.0037, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0037
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0028 SGD (High: 0.0067 / Low: 0.0038). On the other end, March was the most stable month, with a tight range of 0.0000 SGD (High: 0.0037 / Low: 0.0037).

October Spread (Volatile) ±0.0028
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0040) against the same month in 2017 (average: 0.0038), the exchange rate shifted by +0.0003 (+7.37%).

2018 Avg (October) 0.0040
2017 Avg (October) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0037
February 0.0037 0.0037 0.0037
March 0.0037 0.0037 0.0037
April 0.0037 0.0037 0.0037
May 0.0038 0.0037 0.0038
June 0.0038 0.0037 0.0038
July 0.0039 0.0038 0.0038
August 0.0039 0.0038 0.0038
September 0.0039 0.0038 0.0038
October 0.0067 0.0038 0.0040
November 0.0039 0.0038 0.0039
December 0.0039 0.0038 0.0038