2016 SGD to SZL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to SZL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 11.6993. Conversely, the yearly low was recorded on December 29, dropping to 9.4179.
This high-to-low spread represents a total annual volatility of 2.2814 SZL. From a start-to-finish perspective, comparing the January average rate of 11.3667 to the December average rate of 9.6613, the exchange rate registered a net change of -15.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 11.6993 was up 4.49% compared to the 2015 peak of 11.1970, 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 SZL 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 11.1570, compared to 10.1443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.8809 SZL (High: 11.4348 / Low: 10.5539). On the other end, December was the most stable month, with a tight range of 0.4296 SZL (High: 9.8475 / Low: 9.4179).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4713 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 11.3667) against the same month in 2015 (average: 8.6529), the exchange rate shifted by +2.7138 (+31.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.6993 | 10.9283 | 11.3667 |
| February | 11.4854 | 10.8373 | 11.2490 |
| March | 11.4996 | 10.9766 | 11.2012 |
| April | 11.2647 | 10.5747 | 10.8211 |
| May | 11.4348 | 10.5539 | 11.1675 |
| June | 11.3586 | 10.7723 | 11.1368 |
| July | 10.9355 | 10.4056 | 10.6694 |
| August | 10.6007 | 9.9433 | 10.1981 |
| September | 10.7400 | 9.9597 | 10.3560 |
| October | 10.3380 | 9.7486 | 10.0740 |
| November | 10.1934 | 9.6022 | 9.9069 |
| December | 9.8475 | 9.4179 | 9.6613 |