YEARLY HIGH
1.0132 CAD
YEARLY LOW
0.9172 CAD
YEARLY AVERAGE
0.9597 CAD

2016 SGD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 1.0132. Conversely, the yearly low was recorded on December 11, dropping to 0.9172.

This high-to-low spread represents a total annual volatility of 0.0960 CAD. From a start-to-finish perspective, comparing the January average rate of 0.9909 to the December average rate of 0.9294, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0132 was up 2.25% compared to the 2015 peak of 0.9909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,066 CAD
2015 Average 4,649 CAD
Yearly Trough Low 4,586 CAD
Transaction Impact: A difference of 479.97 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9970
0.9232
JanuMarcMayJulySeptNove

SGD to CAD 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 0.9638, compared to 0.9556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.9638
H2 Avg (Jul–Dec) 0.9556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0413 CAD (High: 1.0013 / Low: 0.9600). On the other end, March was the most stable month, with a tight range of 0.0112 CAD (High: 0.9688 / Low: 0.9576).

February Spread (Volatile) ±0.0413
March Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0240 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.9909) against the same month in 2015 (average: 0.9041), the exchange rate shifted by +0.0868 (+9.60%).

2016 Avg (January) 0.9909
2015 Avg (January) 0.9041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0132 0.9758 0.9909
February 1.0013 0.9600 0.9816
March 0.9688 0.9576 0.9635
April 0.9719 0.9333 0.9501
May 0.9529 0.9337 0.9446
June 0.9622 0.9391 0.9523
July 0.9744 0.9558 0.9655
August 0.9781 0.9548 0.9643
September 0.9715 0.9531 0.9630
October 0.9676 0.9447 0.9579
November 0.9688 0.9373 0.9534
December 0.9367 0.9172 0.9294