Historical Year Data · 2016
USD/SGD in 2016
USD/SGD opened 2016 at 1.43 and closed at 1.45, a +1.41% move for the year. The high of 1.45 was reached on December 28, and the low of 1.34 on April 19.
Open
1.43
2016-01
Close
1.45
251 data points
High
1.45
Dec 28
Low
1.34
Apr 19
Full Year Change
+1.41%
2015 Change
+6.49%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1.43 | 1.42 | 1.44 | 1.42 | -0.16% |
| Feb | 1.42 | 1.41 | 1.43 | 1.39 | -1.29% |
| Mar | 1.4 | 1.35 | 1.4 | 1.35 | -3.93% |
| Apr | 1.35 | 1.35 | 1.36 | 1.34 | -0.21% |
| May | 1.34 | 1.38 | 1.38 | 1.34 | +2.66% |
| Jun | 1.38 | 1.35 | 1.38 | 1.34 | -2.11% |
| Jul | 1.35 | 1.34 | 1.36 | 1.34 | -0.16% |
| Aug | 1.34 | 1.36 | 1.36 | 1.34 | +1.74% |
| Sep | 1.36 | 1.36 | 1.37 | 1.35 | +0.26% |
| Oct | 1.37 | 1.39 | 1.4 | 1.37 | +1.90% |
| Nov | 1.39 | 1.43 | 1.43 | 1.38 | +3.23% |
| Dec | 1.43 | 1.45 | 1.45 | 1.42 | +1.37% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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