2017 QAR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 QAR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the QAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 142.1650. Conversely, the yearly low was recorded on June 26, dropping to 56.5006.
This high-to-low spread represents a total annual volatility of 85.6645 SYP. From a start-to-finish perspective, comparing the January average rate of 58.7792 to the December average rate of 140.3899, the exchange rate registered a net change of 138.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 142.1650 was up 134.99% compared to the 2016 peak of 60.4972, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
QAR 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 58.7573, compared to 121.3339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 62.5765 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 83.7094 SYP (High: 142.1650 / Low: 58.4557). On the other end, February was the most stable month, with a tight range of 0.0542 SYP (High: 58.9013 / Low: 58.8471).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.3894 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 116.9662) against the same month in 2016 (average: 59.0310), the exchange rate shifted by +57.9353 (+98.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.8832 | 58.5764 | 58.7792 |
| February | 58.9013 | 58.8471 | 58.8676 |
| March | 58.9151 | 58.7885 | 58.8633 |
| April | 58.8860 | 58.5965 | 58.8603 |
| May | 59.0148 | 58.8472 | 58.8715 |
| June | 58.8645 | 56.5006 | 58.3023 |
| July | 59.1654 | 57.4095 | 58.4741 |
| August | 142.1650 | 58.4557 | 116.9662 |
| September | 141.0977 | 138.4411 | 139.1109 |
| October | 141.4481 | 135.3479 | 137.7258 |
| November | 141.5543 | 131.3808 | 135.3364 |
| December | 141.7278 | 138.8168 | 140.3899 |