YEARLY HIGH
74.5747 CVE
YEARLY LOW
67.9306 CVE
YEARLY AVERAGE
71.0262 CVE

2017 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 74.5747. Conversely, the yearly low was recorded on August 29, dropping to 67.9306.

This high-to-low spread represents a total annual volatility of 6.6441 CVE. From a start-to-finish perspective, comparing the January average rate of 72.6956 to the December average rate of 69.4117, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 74.5747 was up 0.52% compared to the 2016 peak of 74.1923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 372,873 CVE
2016 Average 360,899 CVE
Yearly Trough Low 339,653 CVE
Transaction Impact: A difference of 33,220.58 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

74.3807
68.2590
JanuMarcMayJulySeptNove

SGD to CVE 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 72.7798, compared to 69.2727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5071 points.

H1 Avg (Jan–Jun) 72.7798
H2 Avg (Jul–Dec) 69.2727

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2.0492 CVE (High: 73.7207 / Low: 71.6715). On the other end, September was the most stable month, with a tight range of 0.8893 CVE (High: 69.2210 / Low: 68.3318).

January Spread (Volatile) ±2.0492
September Spread (Stable) ±0.8893

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 2.1004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 73.8706) against the same month in 2016 (average: 72.0388), the exchange rate shifted by +1.8318 (+2.54%).

2017 Avg (April) 73.8706
2016 Avg (April) 72.0388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.7207 71.6715 72.6956
February 74.4715 72.5577 73.4875
March 74.4699 72.9756 73.6443
April 74.5747 72.5545 73.8706
May 72.7544 71.0746 71.7702
June 71.6918 70.1845 71.2106
July 70.6966 68.9619 69.9784
August 69.0942 67.9306 68.7691
September 69.2210 68.3318 68.7861
October 69.9223 68.6724 69.1353
November 70.2450 68.7755 69.5557
December 69.8316 68.8475 69.4117