YEARLY HIGH
0.6752 EUR
YEARLY LOW
0.6165 EUR
YEARLY AVERAGE
0.6420 EUR

2017 SGD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.6752. Conversely, the yearly low was recorded on August 29, dropping to 0.6165.

This high-to-low spread represents a total annual volatility of 0.0587 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6579 to the December average rate of 0.6273, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6752 was up 0.38% compared to the 2016 peak of 0.6727, 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 3,376 EUR
2016 Average 3,273 EUR
Yearly Trough Low 3,083 EUR
Transaction Impact: A difference of 293.41 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6720
0.6172
JanuMarcMayJulySeptNove

SGD to EUR 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 0.6578, compared to 0.6262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 0.6578
H2 Avg (Jul–Dec) 0.6262

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0188 EUR (High: 0.6752 / Low: 0.6564). On the other end, September was the most stable month, with a tight range of 0.0071 EUR (High: 0.6262 / Low: 0.6190).

April Spread (Volatile) ±0.0188
September Spread (Stable) ±0.0071

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 0.0192 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.6674) against the same month in 2016 (average: 0.6530), the exchange rate shifted by +0.0145 (+2.22%).

2017 Avg (April) 0.6674
2016 Avg (April) 0.6530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6626 0.6529 0.6579
February 0.6742 0.6571 0.6644
March 0.6739 0.6602 0.6653
April 0.6752 0.6564 0.6674
May 0.6572 0.6418 0.6483
June 0.6484 0.6340 0.6434
July 0.6384 0.6240 0.6326
August 0.6244 0.6165 0.6218
September 0.6262 0.6190 0.6217
October 0.6310 0.6220 0.6259
November 0.6332 0.6222 0.6280
December 0.6311 0.6230 0.6273