2017 SGD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SGD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SGD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 77.4649. Conversely, the yearly low was recorded on May 7, dropping to 72.9371.
This high-to-low spread represents a total annual volatility of 4.5278 NPR. From a start-to-finish perspective, comparing the January average rate of 76.1855 to the December average rate of 76.3476, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 77.4649 was down 3.86% compared to the 2016 peak of 80.5722, 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 NPR 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 74.8611, compared to 76.0395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1784 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 1.9369 NPR (High: 74.8740 / Low: 72.9371). On the other end, June was the most stable month, with a tight range of 0.8809 NPR (High: 74.9712 / Low: 74.0903).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.1014 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 76.5818) against the same month in 2016 (average: 77.1470), the exchange rate shifted by -0.5652 (-0.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.1024 | 75.1800 | 76.1855 |
| February | 76.6485 | 75.1538 | 75.7972 |
| March | 75.7724 | 74.3198 | 74.9904 |
| April | 74.5396 | 73.3465 | 73.8890 |
| May | 74.8740 | 72.9371 | 73.8795 |
| June | 74.9712 | 74.0903 | 74.4252 |
| July | 75.9138 | 74.5162 | 75.1643 |
| August | 76.0372 | 74.6291 | 75.1908 |
| September | 77.4422 | 75.5869 | 76.4447 |
| October | 77.4649 | 75.8405 | 76.5818 |
| November | 77.0762 | 75.9005 | 76.5081 |
| December | 76.8539 | 75.8299 | 76.3476 |