YEARLY HIGH
0.3984 SGD
YEARLY LOW
0.3676 SGD
YEARLY AVERAGE
0.3793 SGD

2016 QAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3984. Conversely, the yearly low was recorded on June 22, dropping to 0.3676.

This high-to-low spread represents a total annual volatility of 0.0308 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3932 to the December average rate of 0.3945, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3984 was up 1.26% compared to the 2015 peak of 0.3934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,992 SGD
2015 Average 1,888 SGD
Yearly Trough Low 1,838 SGD
Transaction Impact: A difference of 153.87 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3970
0.3678
JanuMarcMayJulySeptNove

QAR 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 0.3791, compared to 0.3794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3791
H2 Avg (Jul–Dec) 0.3794

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0145 SGD (High: 0.3850 / Low: 0.3705). On the other end, July was the most stable month, with a tight range of 0.0051 SGD (High: 0.3735 / Low: 0.3683).

March Spread (Volatile) ±0.0145
July Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0091 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3945) against the same month in 2015 (average: 0.3866), the exchange rate shifted by +0.0079 (+2.04%).

2016 Avg (December) 0.3945
2015 Avg (December) 0.3866

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3961 0.3878 0.3932
February 0.3923 0.3818 0.3858
March 0.3850 0.3705 0.3767
April 0.3734 0.3683 0.3709
May 0.3795 0.3685 0.3764
June 0.3783 0.3676 0.3719
July 0.3735 0.3683 0.3706
August 0.3744 0.3680 0.3702
September 0.3756 0.3703 0.3734
October 0.3828 0.3743 0.3798
November 0.3934 0.3800 0.3876
December 0.3984 0.3892 0.3945