YEARLY HIGH
0.0066 CAD
YEARLY LOW
0.0057 CAD
YEARLY AVERAGE
0.0061 CAD

2016 SYP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0066. Conversely, the yearly low was recorded on May 2, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0009 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0063, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0066 was down 6.70% compared to the 2015 peak of 0.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 33 CAD
2015 Average 33 CAD
Yearly Trough Low 29 CAD
Transaction Impact: A difference of 4.59 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0065
0.0058
JanuMarcMayJulySeptNove

SYP to CAD 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 0.0061, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0061
H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0003 CAD (High: 0.0066 / Low: 0.0063). On the other end, November was the most stable month, with a tight range of 0.0001 CAD (High: 0.0063 / Low: 0.0062).

January Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0064) against the same month in 2015 (average: 0.0066), the exchange rate shifted by -0.0002 (-2.59%).

2016 Avg (January) 0.0064
2015 Avg (January) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0063 0.0064
February 0.0064 0.0061 0.0063
March 0.0061 0.0059 0.0060
April 0.0060 0.0057 0.0058
May 0.0060 0.0057 0.0059
June 0.0060 0.0058 0.0059
July 0.0061 0.0059 0.0060
August 0.0061 0.0060 0.0060
September 0.0062 0.0060 0.0061
October 0.0063 0.0061 0.0062
November 0.0063 0.0062 0.0063
December 0.0064 0.0061 0.0063