2016 SGD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 957.6404. Conversely, the yearly low was recorded on May 22, dropping to 849.7180.
This high-to-low spread represents a total annual volatility of 107.9223 MMK. From a start-to-finish perspective, comparing the January average rate of 907.6666 to the December average rate of 939.4832, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 957.6404 was up 2.58% compared to the 2015 peak of 933.5461, 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 MMK 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 881.7018, compared to 906.9333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.2315 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was September, with a trading range of 41.1270 MMK (High: 924.0469 / Low: 882.9199). On the other end, August was the most stable month, with a tight range of 11.7189 MMK (High: 891.7673 / Low: 880.0484).
Growth Streaks & Declines
TrendsBetween July and October, 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 January and February, when the average rate fell by 20.4136 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 939.4832) against the same month in 2015 (average: 922.0531), the exchange rate shifted by +17.4300 (+1.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 925.1124 | 897.1950 | 907.6666 |
| February | 911.5826 | 876.4104 | 887.2531 |
| March | 894.5569 | 878.3456 | 886.6629 |
| April | 899.5683 | 860.3167 | 875.8210 |
| May | 869.4489 | 849.7180 | 855.9943 |
| June | 890.6887 | 861.6136 | 876.8128 |
| July | 883.5703 | 865.0846 | 873.3105 |
| August | 891.7673 | 880.0484 | 884.9918 |
| September | 924.0469 | 882.9199 | 903.9821 |
| October | 927.1933 | 903.8371 | 920.5390 |
| November | 929.4880 | 912.0654 | 919.2931 |
| December | 957.6404 | 921.9794 | 939.4832 |