YEARLY HIGH
22674.0128 IRR
YEARLY LOW
20736.7098 IRR
YEARLY AVERAGE
21842.3159 IRR

2016 SGD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 22674.0128. Conversely, the yearly low was recorded on December 28, dropping to 20736.7098.

This high-to-low spread represents a total annual volatility of 1937.3030 IRR. From a start-to-finish perspective, comparing the January average rate of 20955.2948 to the December average rate of 20935.4934, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 22674.0128 was up 3.82% compared to the 2015 peak of 21839.9084, 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 113,370,064 IRR
2015 Average 105,313,208 IRR
Yearly Trough Low 103,683,549 IRR
Transaction Impact: A difference of 9,686,514.97 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22547.2440
20788.9706
JanuMarcMayJulySeptNove

SGD to IRR 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 21892.2577, compared to 21792.3741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 99.8836 points.

H1 Avg (Jan–Jun) 21892.2577
H2 Avg (Jul–Dec) 21792.3741

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 858.4833 IRR (High: 22406.5486 / Low: 21548.0652). On the other end, April was the most stable month, with a tight range of 309.5957 IRR (High: 22550.8656 / Low: 22241.2699).

March Spread (Volatile) ±858.4833
April Spread (Stable) ±309.5957

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 October and November, when the average rate fell by 431.0145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -431.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 22400.7212) against the same month in 2015 (average: 21593.5127), the exchange rate shifted by +807.2085 (+3.74%).

2016 Avg (June) 22400.7212
2015 Avg (June) 21593.5127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21223.7414 20799.1320 20955.2948
February 21721.0815 20999.0855 21479.1299
March 22406.5486 21548.0652 22033.2270
April 22550.8656 22241.2699 22389.4021
May 22548.8727 21911.0586 22095.7713
June 22674.0128 21997.4946 22400.7212
July 22605.2720 22115.4284 22333.3752
August 22444.4551 22071.5539 22306.9851
September 22314.2562 21992.2877 22123.4219
October 22057.8202 21577.7833 21742.9917
November 21742.3415 21000.2979 21311.9772
December 21222.5684 20736.7098 20935.4934