2017 MXN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MXN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MXN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 29.2317. Conversely, the yearly low was recorded on January 11, dropping to 9.7665.
This high-to-low spread represents a total annual volatility of 19.4652 SYP. From a start-to-finish perspective, comparing the January average rate of 10.0293 to the December average rate of 26.7982, the exchange rate registered a net change of 167.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 29.2317 was up 128.39% compared to the 2016 peak of 12.7988, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MXN to SYP 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 11.0663, compared to 24.3908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.3244 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 17.2741 SYP (High: 29.2317 / Low: 11.9576). On the other end, April was the most stable month, with a tight range of 0.4043 SYP (High: 11.5855 / Low: 11.1812).
Growth Streaks & Declines
TrendsBetween May and September, 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 September and October, when the average rate fell by 1.5391 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 24.0635) against the same month in 2016 (average: 11.6297), the exchange rate shifted by +12.4338 (+106.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.3194 | 9.7665 | 10.0293 |
| February | 10.8886 | 10.3478 | 10.5728 |
| March | 11.4514 | 10.7163 | 11.1286 |
| April | 11.5855 | 11.1812 | 11.4398 |
| May | 11.6235 | 11.1691 | 11.4202 |
| June | 12.0194 | 11.4453 | 11.8075 |
| July | 12.2540 | 11.6953 | 12.0322 |
| August | 29.2317 | 11.9576 | 24.0635 |
| September | 29.2105 | 28.2060 | 28.8878 |
| October | 28.2726 | 26.7719 | 27.3488 |
| November | 27.7807 | 26.7713 | 27.2141 |
| December | 27.6700 | 25.9065 | 26.7982 |