2016 SGD to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 441.9743. Conversely, the yearly low was recorded on January 10, dropping to 416.2903.
This high-to-low spread represents a total annual volatility of 25.6840 XAF. From a start-to-finish perspective, comparing the January average rate of 422.1008 to the December average rate of 433.5865, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 441.9743 was down 2.79% compared to the 2015 peak of 454.6392, 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 XAF 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 426.2746, compared to 433.5951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3205 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 12.5828 XAF (High: 439.4475 / Low: 426.8647). On the other end, July was the most stable month, with a tight range of 3.8365 XAF (High: 441.9743 / Low: 438.1378).
Growth Streaks & Declines
TrendsBetween May and July, 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 4.7714 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 440.0167) against the same month in 2015 (average: 438.2504), the exchange rate shifted by +1.7663 (+0.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 428.0532 | 416.2903 | 422.1008 |
| February | 428.5073 | 416.5257 | 420.8956 |
| March | 433.4928 | 427.8605 | 429.7801 |
| April | 431.4966 | 426.0450 | 428.7451 |
| May | 428.2114 | 420.2822 | 424.0664 |
| June | 439.4475 | 426.8647 | 432.0597 |
| July | 441.9743 | 438.1378 | 440.0167 |
| August | 440.4945 | 430.2282 | 435.2454 |
| September | 434.6885 | 429.0808 | 431.2490 |
| October | 433.8460 | 427.2104 | 430.5116 |
| November | 434.3141 | 426.3351 | 430.9616 |
| December | 436.9148 | 430.4073 | 433.5865 |