2016 SGD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 163.7161. Conversely, the yearly low was recorded on December 28, dropping to 147.0458.
This high-to-low spread represents a total annual volatility of 16.6702 SYP. From a start-to-finish perspective, comparing the January average rate of 153.6738 to the December average rate of 148.6522, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 163.7161 was down 0.61% compared to the 2015 peak of 164.7216, 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 SYP 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 159.1276, compared to 155.3357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7918 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 5.9964 SYP (High: 162.8091 / Low: 156.8127). On the other end, April was the most stable month, with a tight range of 2.2701 SYP (High: 163.7161 / Low: 161.4460).
Growth Streaks & Declines
TrendsBetween 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 3.1848 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 162.5585) against the same month in 2015 (average: 156.3540), the exchange rate shifted by +6.2045 (+3.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 155.8670 | 152.5297 | 153.6738 |
| February | 158.1018 | 153.9396 | 156.4709 |
| March | 162.8091 | 156.8127 | 160.1888 |
| April | 163.7161 | 161.4460 | 162.5585 |
| May | 163.6475 | 158.7716 | 160.1530 |
| June | 163.5939 | 159.1207 | 161.7205 |
| July | 160.9493 | 158.5951 | 160.0500 |
| August | 160.6862 | 157.3850 | 159.4425 |
| September | 159.1477 | 156.6054 | 157.5864 |
| October | 156.9595 | 153.5154 | 154.7341 |
| November | 154.7762 | 149.2408 | 151.5493 |
| December | 150.8529 | 147.0458 | 148.6522 |