2023 ANG to SGD Historical Review

YEARLY HIGH

0.7634 SGD

YEARLY LOW

0.7244 SGD

YEARLY AVERAGE

0.7454 SGD

2023 ANG to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.7634. Conversely, the yearly low was recorded on February 1, dropping to 0.7244.

This high-to-low spread represents a total annual volatility of 0.0391 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7350 to the December average rate of 0.7380, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7634 was down 4.40% compared to the 2022 peak of 0.7986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,817 SGD

2022 Average 3,825 SGD

Yearly Trough Low 3,622 SGD

Transaction Impact: A difference of 195.45 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7625

0.7325

JanuMarcMayJulySeptNove

ANG 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 0.7417, compared to 0.7491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.7417

H2 Avg (Jul–Dec) 0.7491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0251 SGD (High: 0.7494 / Low: 0.7244). On the other end, October was the most stable month, with a tight range of 0.0077 SGD (High: 0.7634 / Low: 0.7557).

February Spread (Volatile) ±0.0251

October Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0112 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7600) against the same month in 2022 (average: 0.7903), the exchange rate shifted by -0.0302 (-3.83%).

2023 Avg (October) 0.7600

2022 Avg (October) 0.7903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7465	0.7269	0.7350
February	0.7494	0.7244	0.7396
March	0.7549	0.7367	0.7451
April	0.7507	0.7338	0.7398
May	0.7520	0.7335	0.7437
June	0.7547	0.7412	0.7472
July	0.7554	0.7335	0.7416
August	0.7548	0.7403	0.7497
September	0.7610	0.7507	0.7566
October	0.7634	0.7557	0.7600
November	0.7587	0.7386	0.7489
December	0.7450	0.7289	0.7380