YEARLY HIGH
0.0340 SGD
YEARLY LOW
0.0281 SGD
YEARLY AVERAGE
0.0302 SGD

2017 GMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0340. Conversely, the yearly low was recorded on December 30, dropping to 0.0281.

This high-to-low spread represents a total annual volatility of 0.0059 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0328 to the December average rate of 0.0283, the exchange rate registered a net change of -13.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0340 was down 7.01% compared to the 2016 peak of 0.0365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 170 SGD
2016 Average 165 SGD
Yearly Trough Low 140 SGD
Transaction Impact: A difference of 29.57 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0333
0.0279
JanuMarcMayJulySeptNove

GMD 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 0.0313, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0313
H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0017 SGD (High: 0.0340 / Low: 0.0323). On the other end, June was the most stable month, with a tight range of 0.0004 SGD (High: 0.0303 / Low: 0.0299).

January Spread (Volatile) ±0.0017
June Spread (Stable) ±0.0004

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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0328) against the same month in 2016 (average: 0.0362), the exchange rate shifted by -0.0034 (-9.41%).

2017 Avg (January) 0.0328
2016 Avg (January) 0.0362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0340 0.0323 0.0328
February 0.0325 0.0316 0.0320
March 0.0318 0.0308 0.0314
April 0.0311 0.0307 0.0309
May 0.0307 0.0300 0.0303
June 0.0303 0.0299 0.0301
July 0.0301 0.0295 0.0298
August 0.0301 0.0294 0.0296
September 0.0295 0.0291 0.0293
October 0.0296 0.0285 0.0289
November 0.0288 0.0283 0.0286
December 0.0285 0.0281 0.0283