2017 EUR to SGD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EUR to SGD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EUR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.6220. Conversely, the yearly low was recorded on April 16, dropping to 1.4811.
This high-to-low spread represents a total annual volatility of 0.1410 SGD. From a start-to-finish perspective, comparing the January average rate of 1.5199 to the December average rate of 1.5942, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1.6220 was up 2.74% compared to the 2016 peak of 1.5788, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
EUR to SGD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.5206, compared to 1.5970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0764 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 0.0424 SGD (High: 1.5235 / Low: 1.4811). On the other end, September was the most stable month, with a tight range of 0.0184 SGD (High: 1.6155 / Low: 1.5971).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0147 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 1.6084) against the same month in 2016 (average: 1.5103), the exchange rate shifted by +0.0981 (+6.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.5317 | 1.5092 | 1.5199 |
| February | 1.5218 | 1.4833 | 1.5053 |
| March | 1.5148 | 1.4839 | 1.5031 |
| April | 1.5235 | 1.4811 | 1.4984 |
| May | 1.5581 | 1.5215 | 1.5427 |
| June | 1.5774 | 1.5423 | 1.5542 |
| July | 1.6027 | 1.5665 | 1.5808 |
| August | 1.6220 | 1.6015 | 1.6084 |
| September | 1.6155 | 1.5971 | 1.6084 |
| October | 1.6078 | 1.5847 | 1.5978 |
| November | 1.6073 | 1.5793 | 1.5923 |
| December | 1.6053 | 1.5846 | 1.5942 |