2024 AWG to SGD Historical Review

YEARLY HIGH

0.7594 SGD

YEARLY LOW

0.7101 SGD

YEARLY AVERAGE

0.7421 SGD

2024 AWG to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7594. Conversely, the yearly low was recorded on September 28, dropping to 0.7101.

This high-to-low spread represents a total annual volatility of 0.0493 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7416 to the December average rate of 0.7505, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7594 was down 0.49% compared to the 2023 peak of 0.7631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,797 SGD

2023 Average 3,729 SGD

Yearly Trough Low 3,550 SGD

Transaction Impact: A difference of 246.49 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7572

0.7159

JanuMarcMayJulySeptNove

AWG 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 0.7479, compared to 0.7363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.7479

H2 Avg (Jul–Dec) 0.7363

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0197 SGD (High: 0.7354 / Low: 0.7157). On the other end, February was the most stable month, with a tight range of 0.0074 SGD (High: 0.7500 / Low: 0.7426).

October Spread (Volatile) ±0.0197

February Spread (Stable) ±0.0074

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 0.0167 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7505) against the same month in 2023 (average: 0.7392), the exchange rate shifted by +0.0113 (+1.53%).

2024 Avg (December) 0.7505

2023 Avg (December) 0.7392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7469	0.7333	0.7416
February	0.7500	0.7426	0.7468
March	0.7497	0.7386	0.7446
April	0.7582	0.7471	0.7537
May	0.7548	0.7460	0.7499
June	0.7549	0.7464	0.7509
July	0.7533	0.7424	0.7472
August	0.7421	0.7227	0.7305
September	0.7262	0.7101	0.7194
October	0.7354	0.7157	0.7278
November	0.7493	0.7327	0.7421
December	0.7594	0.7426	0.7505