YEARLY HIGH
0.0147 SGD
YEARLY LOW
0.0134 SGD
YEARLY AVERAGE
0.0141 SGD

2017 CVE to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0147. Conversely, the yearly low was recorded on April 16, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0013 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0144, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0147 was up 2.95% compared to the 2016 peak of 0.0143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 SGD
2016 Average 69 SGD
Yearly Trough Low 67 SGD
Transaction Impact: A difference of 6.56 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0146
0.0134
JanuMarcMayJulySeptNove

CVE 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 0.0137, compared to 0.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0137
H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0004 SGD (High: 0.0140 / Low: 0.0136). On the other end, September was the most stable month, with a tight range of 0.0002 SGD (High: 0.0146 / Low: 0.0144).

January Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0145) against the same month in 2016 (average: 0.0137), the exchange rate shifted by +0.0008 (+6.11%).

2017 Avg (August) 0.0145
2016 Avg (August) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0136 0.0138
February 0.0138 0.0134 0.0136
March 0.0137 0.0134 0.0136
April 0.0138 0.0134 0.0135
May 0.0141 0.0137 0.0139
June 0.0142 0.0139 0.0140
July 0.0145 0.0141 0.0143
August 0.0147 0.0145 0.0145
September 0.0146 0.0144 0.0145
October 0.0146 0.0143 0.0145
November 0.0145 0.0142 0.0144
December 0.0145 0.0143 0.0144