YEARLY HIGH
1.6220 SGD
YEARLY LOW
1.4811 SGD
YEARLY AVERAGE
1.5588 SGD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,110 SGD
2016 Average 7,639 SGD
Yearly Trough Low 7,405 SGD
Transaction Impact: A difference of 704.87 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6194
1.4874
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1.5206
H2 Avg (Jul–Dec) 1.5970

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±0.0424
September Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (August) 1.6084
2016 Avg (August) 1.5103

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