YEARLY HIGH
271.2491 NGN
YEARLY LOW
211.5256 NGN
YEARLY AVERAGE
241.9669 NGN

2017 SGD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 271.2491. Conversely, the yearly low was recorded on January 9, dropping to 211.5256.

This high-to-low spread represents a total annual volatility of 59.7235 NGN. From a start-to-finish perspective, comparing the January average rate of 219.0262 to the December average rate of 267.2515, the exchange rate registered a net change of 22.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 271.2491 was up 5.23% compared to the 2016 peak of 257.7690, 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 1,356,245 NGN
2016 Average 933,436 NGN
Yearly Trough Low 1,057,628 NGN
Transaction Impact: A difference of 298,617.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

272.0741
214.2037
JanuMarcMayJulySeptNove

SGD to NGN 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 224.6446, compared to 259.2893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.6447 points.

H1 Avg (Jan–Jun) 224.6446
H2 Avg (Jul–Dec) 259.2893

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 39.6860 NGN (High: 271.2491 / Low: 231.5631). On the other end, December was the most stable month, with a tight range of 3.4226 NGN (High: 268.7438 / Low: 265.3212).

August Spread (Volatile) ±39.6860
December Spread (Stable) ±3.4226

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.4982 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.4982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 262.3754) against the same month in 2016 (average: 239.1853), the exchange rate shifted by +23.1901 (+9.70%).

2017 Avg (August) 262.3754
2016 Avg (August) 239.1853

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 223.5169 211.5256 219.0262
February 225.6388 216.4263 222.8765
March 226.9491 218.3185 223.3396
April 227.5334 219.0874 225.2843
May 234.7638 223.2271 227.3217
June 253.5912 225.6728 230.0192
July 256.1051 223.1381 231.0549
August 271.2491 231.5631 262.3754
September 269.4194 262.5752 265.6991
October 266.9384 262.0649 264.2010
November 268.3267 261.3425 265.1538
December 268.7438 265.3212 267.2515