YEARLY HIGH
6798.3113 GNF
YEARLY LOW
5302.6106 GNF
YEARLY AVERAGE
6058.4939 GNF

2016 SGD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 6798.3113. Conversely, the yearly low was recorded on May 22, dropping to 5302.6106.

This high-to-low spread represents a total annual volatility of 1495.7007 GNF. From a start-to-finish perspective, comparing the January average rate of 5403.2572 to the December average rate of 6458.7959, the exchange rate registered a net change of 19.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 6798.3113 was up 19.91% compared to the 2015 peak of 5669.5046, 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 33,991,557 GNF
2015 Average 26,740,048 GNF
Yearly Trough Low 26,513,053 GNF
Transaction Impact: A difference of 7,478,503.53 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6840.7629
5269.3196
JanuMarcMayJulySeptNove

SGD to GNF 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 5530.8888, compared to 6586.0991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1055.2103 points.

H1 Avg (Jan–Jun) 5530.8888
H2 Avg (Jul–Dec) 6586.0991

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1274.7033 GNF (High: 6612.4988 / Low: 5337.7955). On the other end, April was the most stable month, with a tight range of 72.3758 GNF (High: 5650.4476 / Low: 5578.0718).

June Spread (Volatile) ±1274.7033
April Spread (Stable) ±72.3758

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 214.9825 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -214.9825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 6709.8092) against the same month in 2015 (average: 5218.0624), the exchange rate shifted by +1491.7469 (+28.59%).

2016 Avg (August) 6709.8092
2015 Avg (August) 5218.0624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5473.3036 5331.9549 5403.2572
February 5559.5320 5408.9250 5480.7476
March 5631.1846 5450.0180 5551.5622
April 5650.4476 5578.0718 5615.2557
May 5614.4565 5302.6106 5400.2732
June 6612.4988 5337.7955 5734.2367
July 6700.0941 6525.9353 6631.6682
August 6798.3113 6635.2189 6709.8092
September 6742.1927 6622.8362 6683.1715
October 6686.5481 6501.7830 6568.4092
November 6623.2437 6325.3816 6464.7403
December 6548.2880 6357.7623 6458.7959