YEARLY HIGH
0.7584 SGD
YEARLY LOW
0.7103 SGD
YEARLY AVERAGE
0.7417 SGD

2024 ANG to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7584. Conversely, the yearly low was recorded on September 28, dropping to 0.7103.

This high-to-low spread represents a total annual volatility of 0.0481 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7413 to the December average rate of 0.7499, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7584 was down 0.67% compared to the 2023 peak of 0.7634, 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 3,792 SGD
2023 Average 3,727 SGD
Yearly Trough Low 3,551 SGD
Transaction Impact: A difference of 240.44 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7569
0.7153
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 0.7476, compared to 0.7357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.7476
H2 Avg (Jul–Dec) 0.7357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0216 SGD (High: 0.7424 / Low: 0.7208). On the other end, June was the most stable month, with a tight range of 0.0082 SGD (High: 0.7538 / Low: 0.7456).

August Spread (Volatile) ±0.0216
June Spread (Stable) ±0.0082

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 July and August, when the average rate fell by 0.0164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7499) against the same month in 2023 (average: 0.7380), the exchange rate shifted by +0.0119 (+1.62%).

2024 Avg (December) 0.7499
2023 Avg (December) 0.7380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7460 0.7303 0.7413
February 0.7497 0.7387 0.7460
March 0.7522 0.7380 0.7447
April 0.7576 0.7462 0.7535
May 0.7550 0.7456 0.7497
June 0.7538 0.7456 0.7505
July 0.7534 0.7417 0.7469
August 0.7424 0.7208 0.7306
September 0.7253 0.7103 0.7188
October 0.7343 0.7153 0.7267
November 0.7490 0.7287 0.7413
December 0.7584 0.7422 0.7499