2017 SGD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SGD to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SGD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 432.4141. Conversely, the yearly low was recorded on January 2, dropping to 380.1403.
This high-to-low spread represents a total annual volatility of 52.2738 CRC. From a start-to-finish perspective, comparing the January average rate of 385.5752 to the December average rate of 420.4173, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 432.4141 was up 5.59% compared to the 2016 peak of 409.5224, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SGD to CRC 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 398.8591, compared to 421.2462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.3871 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 32.4579 CRC (High: 429.3757 / Low: 396.9178). On the other end, November was the most stable month, with a tight range of 4.5012 CRC (High: 421.4508 / Low: 416.9496).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 6.9683 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 427.3423) against the same month in 2016 (average: 405.0780), the exchange rate shifted by +22.2643 (+5.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 390.7620 | 380.1403 | 385.5752 |
| February | 399.1960 | 388.0072 | 393.3582 |
| March | 399.4965 | 391.3082 | 396.9017 |
| April | 401.3209 | 396.6671 | 398.9071 |
| May | 429.3757 | 396.9178 | 407.9320 |
| June | 414.1042 | 407.2896 | 410.4806 |
| July | 423.4466 | 408.9022 | 416.9150 |
| August | 426.6063 | 421.1443 | 423.3845 |
| September | 432.4141 | 421.4465 | 427.3423 |
| October | 425.5455 | 416.6109 | 420.3741 |
| November | 421.4508 | 416.9496 | 419.0440 |
| December | 422.8034 | 416.6650 | 420.4173 |