YEARLY HIGH
0.0647 SGD
YEARLY LOW
0.0489 SGD
YEARLY AVERAGE
0.0580 SGD

2017 ETB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0647. Conversely, the yearly low was recorded on December 28, dropping to 0.0489.

This high-to-low spread represents a total annual volatility of 0.0158 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0492, the exchange rate registered a net change of -22.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0647 was down 4.92% compared to the 2016 peak of 0.0680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323 SGD
2016 Average 316 SGD
Yearly Trough Low 244 SGD
Transaction Impact: A difference of 79.05 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0648
0.0478
JanuMarcMayJulySeptNove

ETB 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 0.0616, compared to 0.0544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.0616
H2 Avg (Jul–Dec) 0.0544

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0085 SGD (High: 0.0581 / Low: 0.0496). On the other end, April was the most stable month, with a tight range of 0.0010 SGD (High: 0.0617 / Low: 0.0607).

October Spread (Volatile) ±0.0085
April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0046 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0634) against the same month in 2016 (average: 0.0674), the exchange rate shifted by -0.0040 (-5.98%).

2017 Avg (January) 0.0634
2016 Avg (January) 0.0674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0647 0.0623 0.0634
February 0.0633 0.0615 0.0624
March 0.0628 0.0610 0.0618
April 0.0617 0.0607 0.0612
May 0.0614 0.0599 0.0606
June 0.0604 0.0591 0.0599
July 0.0597 0.0581 0.0590
August 0.0588 0.0575 0.0583
September 0.0582 0.0571 0.0574
October 0.0581 0.0496 0.0528
November 0.0503 0.0490 0.0497
December 0.0499 0.0489 0.0492