YEARLY HIGH
23.0310 NIO
YEARLY LOW
20.2490 NIO
YEARLY AVERAGE
21.7329 NIO

2017 SGD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 23.0310. Conversely, the yearly low was recorded on January 6, dropping to 20.2490.

This high-to-low spread represents a total annual volatility of 2.7820 NIO. From a start-to-finish perspective, comparing the January average rate of 20.5682 to the December average rate of 22.8995, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 23.0310 was up 6.94% compared to the 2016 peak of 21.5358, 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 115,155 NIO
2016 Average 103,598 NIO
Yearly Trough Low 101,245 NIO
Transaction Impact: A difference of 13,910.00 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.1326
20.3351
JanuMarcMayJulySeptNove

SGD to NIO 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 21.0795, compared to 22.3863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3068 points.

H1 Avg (Jan–Jun) 21.0795
H2 Avg (Jul–Dec) 22.3863

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.8064 NIO (High: 22.8604 / Low: 22.0540). On the other end, April was the most stable month, with a tight range of 0.1950 NIO (High: 21.2803 / Low: 21.0853).

September Spread (Volatile) ±0.8064
April Spread (Stable) ±0.1950

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 0.0220 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 22.8995) against the same month in 2016 (average: 20.3941), the exchange rate shifted by +2.5053 (+12.28%).

2017 Avg (December) 22.8995
2016 Avg (December) 20.3941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.8819 20.2490 20.5682
February 21.1011 20.6965 20.8643
March 21.2518 20.7676 21.0384
April 21.2803 21.0853 21.1806
May 21.6317 21.0012 21.3160
June 21.7381 21.2594 21.5097
July 22.1148 21.6133 21.8696
August 22.1692 21.7220 21.9827
September 22.8604 22.0540 22.4576
October 22.6197 22.2390 22.4355
November 22.9441 22.4720 22.6731
December 23.0310 22.7241 22.8995