2017 SGD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SGD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SGD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 385.0920. Conversely, the yearly low was recorded on January 2, dropping to 147.0486.
This high-to-low spread represents a total annual volatility of 238.0434 SYP. From a start-to-finish perspective, comparing the January average rate of 149.7174 to the December average rate of 382.5470, the exchange rate registered a net change of 155.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 385.0920 was up 135.22% compared to the 2016 peak of 163.7161, 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 SYP 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 152.6055, compared to 332.2586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 179.6531 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 222.6291 SYP (High: 380.0570 / Low: 157.4278). On the other end, April was the most stable month, with a tight range of 1.3727 SYP (High: 153.8494 / Low: 152.4767).
Growth Streaks & Declines
TrendsBetween 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 2.7422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 382.5470) against the same month in 2016 (average: 148.6522), the exchange rate shifted by +233.8949 (+157.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 152.0387 | 147.0486 | 149.7174 |
| February | 152.5684 | 150.6263 | 151.5405 |
| March | 153.7162 | 150.8211 | 152.5269 |
| April | 153.8494 | 152.4767 | 153.2653 |
| May | 155.1470 | 151.8142 | 153.6987 |
| June | 155.8336 | 154.1986 | 154.8844 |
| July | 158.3701 | 154.7660 | 156.4741 |
| August | 380.0570 | 157.4278 | 314.4282 |
| September | 384.4563 | 378.8927 | 381.5030 |
| October | 381.6905 | 376.4299 | 378.7609 |
| November | 382.8810 | 377.2544 | 379.8385 |
| December | 385.0920 | 380.6979 | 382.5470 |