2017 TOP to SGD Historical Review

YEARLY HIGH

0.6320 SGD

YEARLY LOW

0.5847 SGD

YEARLY AVERAGE

0.6096 SGD

2017 TOP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.6320. Conversely, the yearly low was recorded on December 14, dropping to 0.5847.

This high-to-low spread represents a total annual volatility of 0.0473 SGD. From a start-to-finish perspective, comparing the January average rate of 0.6211 to the December average rate of 0.5884, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6320 was down 2.06% compared to the 2016 peak of 0.6453, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,160 SGD

2016 Average 3,066 SGD

Yearly Trough Low 2,924 SGD

Transaction Impact: A difference of 236.44 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6298

0.5846

JanuMarcMayJulySeptNove

TOP to SGD 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 0.6135, compared to 0.6056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.6135

H2 Avg (Jul–Dec) 0.6056

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0229 SGD (High: 0.6283 / Low: 0.6054). On the other end, December was the most stable month, with a tight range of 0.0070 SGD (High: 0.5917 / Low: 0.5847).

March Spread (Volatile) ±0.0229

December Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0114 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.6260) against the same month in 2016 (average: 0.6172), the exchange rate shifted by +0.0088 (+1.43%).

2017 Avg (February) 0.6260

2016 Avg (February) 0.6172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6279	0.6158	0.6211
February	0.6320	0.6142	0.6260
March	0.6283	0.6054	0.6146
April	0.6130	0.6034	0.6089
May	0.6110	0.5959	0.6022
June	0.6140	0.6016	0.6083
July	0.6166	0.6031	0.6128
August	0.6242	0.6057	0.6175
September	0.6197	0.6051	0.6102
October	0.6135	0.5998	0.6076
November	0.6055	0.5856	0.5972
December	0.5917	0.5847	0.5884