2024 DJF to SGD Historical Review

YEARLY HIGH

0.0077 SGD

YEARLY LOW

0.0072 SGD

YEARLY AVERAGE

0.0075 SGD

2024 DJF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0077. Conversely, the yearly low was recorded on September 28, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0005 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0076, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0077 was down 0.53% compared to the 2023 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 SGD

2023 Average 38 SGD

Yearly Trough Low 36 SGD

Transaction Impact: A difference of 2.45 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0077

0.0072

JanuMarcMayJulySeptNove

DJF 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 0.0076, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0076

H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 SGD (High: 0.0075 / Low: 0.0072). On the other end, May was the most stable month, with a tight range of 0.0001 SGD (High: 0.0077 / Low: 0.0076).

October Spread (Volatile) ±0.0002

May Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0076) against the same month in 2023 (average: 0.0075), the exchange rate shifted by +0.0001 (+1.62%).

2024 Avg (December) 0.0076

2023 Avg (December) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0076	0.0074	0.0075
February	0.0076	0.0075	0.0076
March	0.0076	0.0075	0.0075
April	0.0077	0.0076	0.0076
May	0.0077	0.0076	0.0076
June	0.0077	0.0075	0.0076
July	0.0076	0.0075	0.0076
August	0.0075	0.0073	0.0074
September	0.0074	0.0072	0.0073
October	0.0075	0.0072	0.0074
November	0.0076	0.0074	0.0075
December	0.0077	0.0075	0.0076