YEARLY HIGH
1.5788 SGD
YEARLY LOW
1.4866 SGD
YEARLY AVERAGE
1.5280 SGD

2016 EUR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 1.5788. Conversely, the yearly low was recorded on July 16, dropping to 1.4866.

This high-to-low spread represents a total annual volatility of 0.0922 SGD. From a start-to-finish perspective, comparing the January average rate of 1.5557 to the December average rate of 1.5134, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.5788 was down 3.48% compared to the 2015 peak of 1.6358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,894 SGD
2015 Average 7,628 SGD
Yearly Trough Low 7,433 SGD
Transaction Impact: A difference of 460.95 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5669
1.4872
JanuMarcMayJulySeptNove

EUR 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 1.5410, compared to 1.5150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 1.5410
H2 Avg (Jul–Dec) 1.5150

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0502 SGD (High: 1.5467 / Low: 1.4964). On the other end, July was the most stable month, with a tight range of 0.0140 SGD (High: 1.5007 / Low: 1.4866).

June Spread (Volatile) ±0.0502
July Spread (Stable) ±0.0140

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 0.0318 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.5603) against the same month in 2015 (average: 1.5381), the exchange rate shifted by +0.0222 (+1.44%).

2016 Avg (February) 1.5603
2015 Avg (February) 1.5381

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5768 1.5325 1.5557
February 1.5788 1.5299 1.5603
March 1.5448 1.5130 1.5284
April 1.5415 1.5184 1.5315
May 1.5621 1.5330 1.5474
June 1.5467 1.4964 1.5226
July 1.5007 1.4866 1.4938
August 1.5282 1.4915 1.5103
September 1.5328 1.5141 1.5241
October 1.5382 1.5134 1.5262
November 1.5419 1.5078 1.5224
December 1.5284 1.4998 1.5134