2017 SHP to BND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SHP to BND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SHP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 1.8320. Conversely, the yearly low was recorded on March 10, dropping to 1.7143.
This high-to-low spread represents a total annual volatility of 0.1177 BND. From a start-to-finish perspective, comparing the January average rate of 1.7649 to the December average rate of 1.8045, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1.8320 was down 12.64% compared to the 2016 peak of 2.0970, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SHP to BND 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 1.7673, compared to 1.7893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 0.0792 BND (High: 1.8320 / Low: 1.7528). On the other end, December was the most stable month, with a tight range of 0.0253 BND (High: 1.8201 / Low: 1.7948).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 1.7970) against the same month in 2016 (average: 1.7867), the exchange rate shifted by +0.0103 (+0.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.7976 | 1.7213 | 1.7649 |
| February | 1.7927 | 1.7314 | 1.7642 |
| March | 1.7565 | 1.7143 | 1.7342 |
| April | 1.8140 | 1.7350 | 1.7685 |
| May | 1.8269 | 1.7729 | 1.8017 |
| June | 1.7952 | 1.7560 | 1.7704 |
| July | 1.7967 | 1.7701 | 1.7834 |
| August | 1.7974 | 1.7385 | 1.7628 |
| September | 1.8320 | 1.7528 | 1.7970 |
| October | 1.8293 | 1.7837 | 1.7960 |
| November | 1.8228 | 1.7744 | 1.7921 |
| December | 1.8201 | 1.7948 | 1.8045 |