YEARLY HIGH
0.0064 CAD
YEARLY LOW
0.0024 CAD
YEARLY AVERAGE
0.0047 CAD

2017 SYP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0064. Conversely, the yearly low was recorded on September 11, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0041 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0025, the exchange rate registered a net change of -59.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0064 was down 3.25% compared to the 2016 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 32 CAD
2016 Average 31 CAD
Yearly Trough Low 12 CAD
Transaction Impact: A difference of 20.30 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0067
0.0020
JanuMarcMayJulySeptNove

SYP to CAD 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 0.0062, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0035 CAD (High: 0.0059 / Low: 0.0024). On the other end, November was the most stable month, with a tight range of 0.0000 CAD (High: 0.0025 / Low: 0.0025).

August Spread (Volatile) ±0.0035
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0063) against the same month in 2016 (average: 0.0059), the exchange rate shifted by +0.0004 (+7.53%).

2017 Avg (May) 0.0063
2016 Avg (May) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0061 0.0062
February 0.0062 0.0061 0.0061
March 0.0063 0.0062 0.0062
April 0.0064 0.0062 0.0063
May 0.0064 0.0063 0.0063
June 0.0063 0.0060 0.0062
July 0.0061 0.0058 0.0059
August 0.0059 0.0024 0.0034
September 0.0024 0.0024 0.0024
October 0.0025 0.0024 0.0024
November 0.0025 0.0025 0.0025
December 0.0025 0.0024 0.0025