YEARLY HIGH
20.4687 ETB
YEARLY LOW
15.4641 ETB
YEARLY AVERAGE
17.3771 ETB

2017 SGD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 20.4687. Conversely, the yearly low was recorded on January 2, dropping to 15.4641.

This high-to-low spread represents a total annual volatility of 5.0046 ETB. From a start-to-finish perspective, comparing the January average rate of 15.7841 to the December average rate of 20.3225, the exchange rate registered a net change of 28.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.4687 was up 24.40% compared to the 2016 peak of 16.4546, 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 102,344 ETB
2016 Average 79,109 ETB
Yearly Trough Low 77,320 ETB
Transaction Impact: A difference of 25,023.16 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.7764
15.3303
JanuMarcMayJulySeptNove

SGD to ETB 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 16.2527, compared to 18.5015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2489 points.

H1 Avg (Jan–Jun) 16.2527
H2 Avg (Jul–Dec) 18.5015

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.9591 ETB (High: 20.1589 / Low: 17.1999). On the other end, April was the most stable month, with a tight range of 0.2732 ETB (High: 16.4774 / Low: 16.2042).

October Spread (Volatile) ±2.9591
April Spread (Stable) ±0.2732

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 20.3225) against the same month in 2016 (average: 15.5897), the exchange rate shifted by +4.7328 (+30.36%).

2017 Avg (December) 20.3225
2016 Avg (December) 15.5897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.0624 15.4641 15.7841
February 16.2674 15.7944 16.0277
March 16.3899 15.9318 16.1764
April 16.4774 16.2042 16.3461
May 16.7083 16.2917 16.4929
June 16.9216 16.5586 16.6888
July 17.2019 16.7631 16.9525
August 17.3830 17.0194 17.1470
September 17.5276 17.1831 17.4138
October 20.1589 17.1999 19.0317
November 20.4132 19.8922 20.1417
December 20.4687 20.0307 20.3225