2016 TOP to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TOP to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TOP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 99.3603. Conversely, the yearly low was recorded on December 28, dropping to 91.5865.
This high-to-low spread represents a total annual volatility of 7.7737 SYP. From a start-to-finish perspective, comparing the January average rate of 97.5426 to the December average rate of 93.7615, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 99.3603 was down 7.46% compared to the 2015 peak of 107.3691, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TOP to SYP 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 97.5281, compared to 95.2319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2961 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 4.8624 SYP (High: 98.2278 / Low: 93.3654). On the other end, September was the most stable month, with a tight range of 0.8220 SYP (High: 95.7132 / Low: 94.8912).
Growth Streaks & Declines
TrendsBetween February and April, 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 June and July, when the average rate fell by 2.1905 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 98.5046) against the same month in 2015 (average: 104.1306), the exchange rate shifted by -5.6260 (-5.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.6011 | 95.8215 | 97.5426 |
| February | 97.9274 | 94.0067 | 96.5785 |
| March | 98.2852 | 96.7886 | 97.5295 |
| April | 99.3603 | 97.8466 | 98.5046 |
| May | 98.8340 | 96.2117 | 97.4532 |
| June | 98.8377 | 95.6822 | 97.5601 |
| July | 96.3067 | 94.0029 | 95.3696 |
| August | 95.9190 | 94.7652 | 95.1620 |
| September | 95.7132 | 94.8912 | 95.2588 |
| October | 97.0647 | 95.0183 | 96.3068 |
| November | 98.2278 | 93.3654 | 95.5330 |
| December | 95.4308 | 91.5865 | 93.7615 |