YEARLY HIGH
0.0016 SGD
YEARLY LOW
0.0013 SGD
YEARLY AVERAGE
0.0015 SGD

2024 ARS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0016. Conversely, the yearly low was recorded on December 29, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0003 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0013, the exchange rate registered a net change of -18.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0016 was down 78.34% compared to the 2023 peak of 0.0076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8 SGD
2023 Average 26 SGD
Yearly Trough Low 7 SGD
Transaction Impact: A difference of 1.62 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0017
0.0013
JanuMarcMayJulySeptNove

ARS 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 0.0016, compared to 0.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0016
H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 SGD (High: 0.0014 / Low: 0.0014). On the other end, December was the most stable month, with a tight range of 0.0000 SGD (High: 0.0013 / Low: 0.0013).

August Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0016) against the same month in 2023 (average: 0.0073), the exchange rate shifted by -0.0056 (-77.56%).

2024 Avg (January) 0.0016
2023 Avg (January) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0016 0.0016 0.0016
February 0.0016 0.0016 0.0016
March 0.0016 0.0016 0.0016
April 0.0016 0.0016 0.0016
May 0.0016 0.0015 0.0015
June 0.0015 0.0015 0.0015
July 0.0015 0.0014 0.0015
August 0.0014 0.0014 0.0014
September 0.0014 0.0013 0.0013
October 0.0013 0.0013 0.0013
November 0.0013 0.0013 0.0013
December 0.0013 0.0013 0.0013