YEARLY HIGH
0.5930 SHP
YEARLY LOW
0.4767 SHP
YEARLY AVERAGE
0.5364 SHP

2016 SGD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.5930. Conversely, the yearly low was recorded on January 6, dropping to 0.4767.

This high-to-low spread represents a total annual volatility of 0.1163 SHP. From a start-to-finish perspective, comparing the January average rate of 0.4850 to the December average rate of 0.5580, the exchange rate registered a net change of 15.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5930 was up 18.52% compared to the 2015 peak of 0.5004, 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 2,965 SHP
2015 Average 2,381 SHP
Yearly Trough Low 2,383 SHP
Transaction Impact: A difference of 581.66 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5956
0.4749
JanuMarcMayJulySeptNove

SGD to SHP 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 0.5058, compared to 0.5671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0612 points.

H1 Avg (Jan–Jun) 0.5058
H2 Avg (Jul–Dec) 0.5671

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0580 SHP (High: 0.5577 / Low: 0.4997). On the other end, December was the most stable month, with a tight range of 0.0116 SHP (High: 0.5641 / Low: 0.5525).

June Spread (Volatile) ±0.0580
December Spread (Stable) ±0.0116

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 0.0164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.5856) against the same month in 2015 (average: 0.4654), the exchange rate shifted by +0.1202 (+25.82%).

2016 Avg (October) 0.5856
2015 Avg (October) 0.4654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4931 0.4767 0.4850
February 0.5124 0.4839 0.4976
March 0.5186 0.5056 0.5111
April 0.5260 0.5075 0.5177
May 0.5097 0.4934 0.5031
June 0.5577 0.4997 0.5205
July 0.5741 0.5561 0.5634
August 0.5776 0.5581 0.5668
September 0.5679 0.5524 0.5595
October 0.5930 0.5653 0.5856
November 0.5881 0.5580 0.5692
December 0.5641 0.5525 0.5580