YEARLY HIGH
0.0168 SGD
YEARLY LOW
0.0128 SGD
YEARLY AVERAGE
0.0154 SGD

2022 AFN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.0168. Conversely, the yearly low was recorded on January 12, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0040 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0155, the exchange rate registered a net change of 19.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0168 was down 3.65% compared to the 2021 peak of 0.0175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84 SGD
2021 Average 81 SGD
Yearly Trough Low 64 SGD
Transaction Impact: A difference of 20.16 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0167
0.0126
JanuMarcMayJulySeptNove

AFN to SGD 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 0.0149, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0149
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0014 SGD (High: 0.0149 / Low: 0.0135). On the other end, December was the most stable month, with a tight range of 0.0004 SGD (High: 0.0156 / Low: 0.0153).

February Spread (Volatile) ±0.0014
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0164) against the same month in 2021 (average: 0.0150), the exchange rate shifted by +0.0014 (+9.14%).

2022 Avg (October) 0.0164
2021 Avg (October) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0128 0.0129
February 0.0149 0.0135 0.0145
March 0.0158 0.0148 0.0153
April 0.0162 0.0153 0.0156
May 0.0162 0.0152 0.0157
June 0.0158 0.0154 0.0156
July 0.0160 0.0153 0.0157
August 0.0159 0.0151 0.0155
September 0.0164 0.0157 0.0160
October 0.0168 0.0160 0.0164
November 0.0161 0.0154 0.0158
December 0.0156 0.0153 0.0155