YEARLY HIGH
74.1923 CVE
YEARLY LOW
69.9315 CVE
YEARLY AVERAGE
72.1735 CVE

2016 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 74.1923. Conversely, the yearly low was recorded on January 10, dropping to 69.9315.

This high-to-low spread represents a total annual volatility of 4.2609 CVE. From a start-to-finish perspective, comparing the January average rate of 70.8849 to the December average rate of 72.8336, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 74.1923 was down 2.97% compared to the 2015 peak of 76.4653, 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 370,962 CVE
2015 Average 361,312 CVE
Yearly Trough Low 349,657 CVE
Transaction Impact: A difference of 21,304.34 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

74.0834
70.4446
JanuMarcMayJulySeptNove

SGD to CVE 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 71.5898, compared to 72.7573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1675 points.

H1 Avg (Jan–Jun) 71.5898
H2 Avg (Jul–Dec) 72.7573

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 2.9275 CVE (High: 73.8180 / Low: 70.8905). On the other end, July was the most stable month, with a tight range of 0.6027 CVE (High: 74.0703 / Low: 73.4675).

December Spread (Volatile) ±2.9275
July Spread (Stable) ±0.6027

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 April and May, when the average rate fell by 0.9994 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 72.5127) against the same month in 2015 (average: 73.0687), the exchange rate shifted by -0.5560 (-0.76%).

2016 Avg (June) 72.5127
2015 Avg (June) 73.0687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.9490 69.9315 70.8849
February 71.9362 69.9947 70.7479
March 73.1299 71.7575 72.3151
April 72.6189 71.6110 72.0388
May 71.8168 70.4071 71.0393
June 74.1923 71.5803 72.5127
July 74.0703 73.4675 73.7802
August 73.9853 71.9285 72.9763
September 73.0272 71.7605 72.3497
October 72.8847 71.8109 72.2321
November 73.0274 71.6197 72.3719
December 73.8180 70.8905 72.8336