YEARLY HIGH
0.0071 NZD
YEARLY LOW
0.0063 NZD
YEARLY AVERAGE
0.0066 NZD

2016 SYP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0071. Conversely, the yearly low was recorded on September 7, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0008 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0067, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0071 was down 15.91% compared to the 2015 peak of 0.0085, 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 36 NZD
2015 Average 37 NZD
Yearly Trough Low 31 NZD
Transaction Impact: A difference of 4.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0070
0.0063
JanuMarcMayJulySeptNove

SYP to NZD 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 0.0067, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0005 NZD (High: 0.0071 / Low: 0.0066). On the other end, August was the most stable month, with a tight range of 0.0002 NZD (High: 0.0065 / Low: 0.0064).

January Spread (Volatile) ±0.0005
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0069) against the same month in 2015 (average: 0.0072), the exchange rate shifted by -0.0002 (-3.23%).

2016 Avg (January) 0.0069
2015 Avg (January) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0066 0.0069
February 0.0070 0.0068 0.0069
March 0.0069 0.0066 0.0067
April 0.0067 0.0065 0.0066
May 0.0068 0.0065 0.0067
June 0.0067 0.0063 0.0065
July 0.0066 0.0063 0.0065
August 0.0065 0.0064 0.0064
September 0.0065 0.0063 0.0064
October 0.0066 0.0064 0.0065
November 0.0067 0.0063 0.0065
December 0.0068 0.0065 0.0067