2017 NZD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 377.9218. Conversely, the yearly low was recorded on May 10, dropping to 146.4293.
This high-to-low spread represents a total annual volatility of 231.4925 SYP. From a start-to-finish perspective, comparing the January average rate of 152.4365 to the December average rate of 358.8141, the exchange rate registered a net change of 135.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 377.9218 was up 136.53% compared to the 2016 peak of 159.7764, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NZD 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 151.7509, compared to 319.9243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 168.1734 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 220.0755 SYP (High: 377.3225 / Low: 157.2470). On the other end, February was the most stable month, with a tight range of 3.3024 SYP (High: 156.8263 / Low: 153.5239).
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 10.5270 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 373.3863) against the same month in 2016 (average: 156.4923), the exchange rate shifted by +216.8939 (+138.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 156.4681 | 147.6079 | 152.4365 |
| February | 156.8263 | 153.5239 | 154.7418 |
| March | 152.6760 | 147.8108 | 150.1062 |
| April | 151.0024 | 147.1597 | 149.4646 |
| May | 151.8615 | 146.4293 | 148.8913 |
| June | 157.2248 | 151.3564 | 154.8648 |
| July | 161.6007 | 154.7818 | 158.0159 |
| August | 377.3225 | 157.2470 | 311.8347 |
| September | 377.9218 | 368.4720 | 373.3863 |
| October | 371.7867 | 352.2602 | 362.8593 |
| November | 358.2619 | 350.1935 | 354.6355 |
| December | 365.7150 | 351.5365 | 358.8141 |