2016 SGD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 51.6064. Conversely, the yearly low was recorded on December 30, dropping to 45.4390.
This high-to-low spread represents a total annual volatility of 6.1674 AFN. From a start-to-finish perspective, comparing the January average rate of 47.9081 to the December average rate of 46.2537, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 51.6064 was up 5.72% compared to the 2015 peak of 48.8140, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SGD to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 49.7785, compared to 48.4557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3228 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 2.5242 AFN (High: 51.2498 / Low: 48.7256). On the other end, July was the most stable month, with a tight range of 0.6769 AFN (High: 51.2954 / Low: 50.6185).
Growth Streaks & Declines
TrendsBetween January and April, 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 September and October, when the average rate fell by 1.4171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 51.0456) against the same month in 2015 (average: 44.1184), the exchange rate shifted by +6.9272 (+15.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.3810 | 47.6103 | 47.9081 |
| February | 49.5561 | 48.0888 | 49.0193 |
| March | 50.8957 | 48.9562 | 49.9230 |
| April | 50.9979 | 50.2373 | 50.6813 |
| May | 50.9691 | 49.7352 | 50.0934 |
| June | 51.6064 | 50.0430 | 51.0456 |
| July | 51.2954 | 50.6185 | 50.8967 |
| August | 51.2498 | 48.7256 | 49.9189 |
| September | 49.8805 | 48.1465 | 49.0407 |
| October | 48.3122 | 47.2614 | 47.6237 |
| November | 47.6034 | 46.5202 | 47.0004 |
| December | 47.0084 | 45.4390 | 46.2537 |