2016 SGD to UYU Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to UYU Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 23.7955. Conversely, the yearly low was recorded on December 26, dropping to 19.6143.
This high-to-low spread represents a total annual volatility of 4.1811 UYU. From a start-to-finish perspective, comparing the January average rate of 21.4109 to the December average rate of 20.0307, the exchange rate registered a net change of -6.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 23.7955 was up 11.86% compared to the 2015 peak of 21.2719, 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 UYU 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 22.7383, compared to 20.9438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 1.2206 UYU (High: 22.2308 / Low: 21.0102). On the other end, June was the most stable month, with a tight range of 0.4053 UYU (High: 22.9217 / Low: 22.5164).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9488 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 23.4516) against the same month in 2015 (average: 18.3027), the exchange rate shifted by +5.1490 (+28.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.8589 | 21.0570 | 21.4109 |
| February | 22.8854 | 21.7709 | 22.4993 |
| March | 23.7955 | 23.0765 | 23.4516 |
| April | 23.6522 | 22.8620 | 23.3543 |
| May | 23.6368 | 22.5205 | 22.9735 |
| June | 22.9217 | 22.5164 | 22.7403 |
| July | 22.7651 | 21.9791 | 22.4296 |
| August | 22.2308 | 21.0102 | 21.4808 |
| September | 21.5241 | 20.8618 | 21.1964 |
| October | 20.8951 | 20.1376 | 20.3608 |
| November | 20.3944 | 19.7756 | 20.1647 |
| December | 20.3778 | 19.6143 | 20.0307 |