2017 SGD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SGD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SGD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 6743.7377. Conversely, the yearly low was recorded on January 6, dropping to 6410.3232.
This high-to-low spread represents a total annual volatility of 333.4144 GNF. From a start-to-finish perspective, comparing the January average rate of 6551.7404 to the December average rate of 6699.0881, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 6743.7377 was down 0.80% compared to the 2016 peak of 6798.3113, 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 GNF 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 6595.8900, compared to 6622.7780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.8880 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 252.2973 GNF (High: 6662.6205 / Low: 6410.3232). On the other end, October was the most stable month, with a tight range of 88.5001 GNF (High: 6646.7905 / Low: 6558.2903).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 58.6068 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 6699.0881) against the same month in 2016 (average: 6458.7959), the exchange rate shifted by +240.2922 (+3.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6662.6205 | 6410.3232 | 6551.7404 |
| February | 6719.4106 | 6554.6965 | 6628.7773 |
| March | 6722.4724 | 6532.5459 | 6638.3613 |
| April | 6687.8915 | 6463.3260 | 6630.8691 |
| May | 6688.7815 | 6456.7189 | 6572.2623 |
| June | 6634.1297 | 6477.2879 | 6553.3300 |
| July | 6630.0780 | 6495.7109 | 6573.4377 |
| August | 6622.3946 | 6492.6405 | 6565.0360 |
| September | 6695.6846 | 6535.6462 | 6643.0988 |
| October | 6646.7905 | 6558.2903 | 6605.6289 |
| November | 6730.0511 | 6596.5863 | 6650.3787 |
| December | 6743.7377 | 6653.3599 | 6699.0881 |