YEARLY HIGH
26650.0563 IRR
YEARLY LOW
20737.0958 IRR
YEARLY AVERAGE
23954.5243 IRR

2017 SGD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 26650.0563. Conversely, the yearly low was recorded on January 2, dropping to 20737.0958.

This high-to-low spread represents a total annual volatility of 5912.9605 IRR. From a start-to-finish perspective, comparing the January average rate of 22185.9254 to the December average rate of 26185.9387, the exchange rate registered a net change of 18.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 26650.0563 was up 17.54% compared to the 2016 peak of 22674.0128, 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 133,250,282 IRR
2016 Average 109,209,805 IRR
Yearly Trough Low 103,685,479 IRR
Transaction Impact: A difference of 29,564,802.64 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26585.9400
21785.9241
JanuMarcMayJulySeptNove

SGD to IRR 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 23017.3202, compared to 24891.7284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1874.4082 points.

H1 Avg (Jan–Jun) 23017.3202
H2 Avg (Jul–Dec) 24891.7284

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2228.3531 IRR (High: 22965.4489 / Low: 20737.0958). On the other end, April was the most stable month, with a tight range of 212.7351 IRR (High: 23296.7577 / Low: 23084.0226).

January Spread (Volatile) ±2228.3531
April Spread (Stable) ±212.7351

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: 26185.9387) against the same month in 2016 (average: 20935.4934), the exchange rate shifted by +5250.4453 (+25.08%).

2017 Avg (December) 26185.9387
2016 Avg (December) 20935.4934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22965.4489 20737.0958 22185.9254
February 23081.9578 22753.9050 22906.9399
March 23258.6889 22817.6780 23076.9647
April 23296.7577 23084.0226 23204.4144
May 23491.6507 22989.7095 23272.0695
June 23593.8735 23358.9224 23457.6073
July 24123.0221 23505.1919 23795.1760
August 24468.3675 24012.1643 24144.7831
September 24818.4435 24437.1948 24677.1838
October 25387.0825 24594.6115 24957.2448
November 25849.0706 25323.7468 25590.0442
December 26650.0563 25776.6645 26185.9387