YEARLY HIGH
0.0143 SGD
YEARLY LOW
0.0135 SGD
YEARLY AVERAGE
0.0139 SGD

2016 CVE to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0143. Conversely, the yearly low was recorded on June 29, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0008 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0137, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0143 was down 3.61% compared to the 2015 peak of 0.0148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71 SGD
2015 Average 69 SGD
Yearly Trough Low 67 SGD
Transaction Impact: A difference of 4.11 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0142
0.0135
JanuMarcMayJulySeptNove

CVE 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 0.0140, compared to 0.0137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0137

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0006 SGD (High: 0.0141 / Low: 0.0135). On the other end, July was the most stable month, with a tight range of 0.0001 SGD (High: 0.0136 / Low: 0.0135).

December Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0141) against the same month in 2015 (average: 0.0141), the exchange rate shifted by -0.0000 (-0.18%).

2016 Avg (January) 0.0141
2015 Avg (January) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0143 0.0139 0.0141
February 0.0143 0.0139 0.0141
March 0.0139 0.0137 0.0138
April 0.0140 0.0138 0.0139
May 0.0142 0.0139 0.0141
June 0.0140 0.0135 0.0138
July 0.0136 0.0135 0.0136
August 0.0139 0.0135 0.0137
September 0.0139 0.0137 0.0138
October 0.0139 0.0137 0.0138
November 0.0140 0.0137 0.0138
December 0.0141 0.0135 0.0137