YEARLY HIGH
60.4972 SYP
YEARLY LOW
58.5563 SYP
YEARLY AVERAGE
59.5970 SYP

2016 QAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 60.4972. Conversely, the yearly low was recorded on December 23, dropping to 58.5563.

This high-to-low spread represents a total annual volatility of 1.9410 SYP. From a start-to-finish perspective, comparing the January average rate of 60.4157 to the December average rate of 58.6446, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 60.4972 was down 0.43% compared to the 2015 peak of 60.7609, 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 302,486 SYP
2015 Average 267,428 SYP
Yearly Trough Low 292,781 SYP
Transaction Impact: A difference of 9,704.79 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

60.5928
58.4675
JanuMarcMayJulySeptNove

QAR to SYP 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 60.3046, compared to 58.8894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4152 points.

H1 Avg (Jan–Jun) 60.3046
H2 Avg (Jul–Dec) 58.8894

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7382 SYP (High: 60.2266 / Low: 59.4884). On the other end, October was the most stable month, with a tight range of 0.0421 SYP (High: 58.7921 / Low: 58.7500).

June Spread (Volatile) ±0.7382
October Spread (Stable) ±0.0421

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8235 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.8235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 60.4157) against the same month in 2015 (average: 50.1389), the exchange rate shifted by +10.2768 (+20.50%).

2016 Avg (January) 60.4157
2015 Avg (January) 50.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.4972 60.3674 60.4157
February 60.4113 60.3288 60.3641
March 60.3789 60.2916 60.3409
April 60.3175 60.2636 60.2940
May 60.3089 60.2137 60.2713
June 60.2266 59.4884 60.1417
July 59.4936 59.1626 59.3182
August 59.1600 58.9164 59.0310
September 59.0632 58.7096 58.8371
October 58.7921 58.7500 58.7679
November 58.8574 58.6982 58.7378
December 58.7067 58.5563 58.6446