2023 AUD to SGD Historical Review

YEARLY HIGH

0.9395 SGD

YEARLY LOW

0.8618 SGD

YEARLY AVERAGE

0.8923 SGD

2023 AUD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.9395. Conversely, the yearly low was recorded on October 14, dropping to 0.8618.

This high-to-low spread represents a total annual volatility of 0.0777 SGD. From a start-to-finish perspective, comparing the January average rate of 0.9218 to the December average rate of 0.8925, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9395 was down 8.89% compared to the 2022 peak of 1.0312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,697 SGD

2022 Average 4,786 SGD

Yearly Trough Low 4,309 SGD

Transaction Impact: A difference of 388.56 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9271

0.8636

JanuMarcMayJulySeptNove

AUD 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 0.9035, compared to 0.8812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.9035

H2 Avg (Jul–Dec) 0.8812

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0349 SGD (High: 0.9210 / Low: 0.8861). On the other end, September was the most stable month, with a tight range of 0.0145 SGD (High: 0.8820 / Low: 0.8675).

June Spread (Volatile) ±0.0349

September Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0229 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9218) against the same month in 2022 (average: 0.9688), the exchange rate shifted by -0.0470 (-4.85%).

2023 Avg (January) 0.9218

2022 Avg (January) 0.9688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9395	0.9049	0.9218
February	0.9330	0.9075	0.9180
March	0.9105	0.8863	0.8959
April	0.9005	0.8822	0.8905
May	0.8987	0.8792	0.8898
June	0.9210	0.8861	0.9047
July	0.9111	0.8849	0.8983
August	0.8833	0.8664	0.8754
September	0.8820	0.8675	0.8756
October	0.8800	0.8618	0.8689
November	0.8854	0.8655	0.8763
December	0.9044	0.8790	0.8925