2016 SGD to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 14.7365. Conversely, the yearly low was recorded on January 3, dropping to 12.1324.
This high-to-low spread represents a total annual volatility of 2.6041 MXN. From a start-to-finish perspective, comparing the January average rate of 12.5915 to the December average rate of 14.2889, the exchange rate registered a net change of 13.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 14.7365 was up 19.79% compared to the 2015 peak of 12.3015, 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 MXN 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 13.0909, compared to 13.9689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8780 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.4969 MXN (High: 14.7365 / Low: 13.2396). On the other end, March was the most stable month, with a tight range of 0.2055 MXN (High: 12.9406 / Low: 12.7352).
Growth Streaks & Declines
TrendsBetween March and June, 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 September and October, when the average rate fell by 0.4261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 14.2291) against the same month in 2015 (average: 11.7619), the exchange rate shifted by +2.4672 (+20.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0118 | 12.1324 | 12.5915 |
| February | 13.7227 | 12.7965 | 13.1414 |
| March | 12.9406 | 12.7352 | 12.8477 |
| April | 13.1927 | 12.7828 | 12.9484 |
| May | 13.4168 | 12.7800 | 13.2310 |
| June | 14.0378 | 13.4275 | 13.7854 |
| July | 13.9978 | 13.6338 | 13.7648 |
| August | 14.1040 | 13.4822 | 13.7123 |
| September | 14.6033 | 13.5924 | 14.1222 |
| October | 14.2313 | 13.3081 | 13.6962 |
| November | 14.7365 | 13.2396 | 14.2291 |
| December | 14.5410 | 14.0745 | 14.2889 |