2022 GMD to SGD Historical Review

YEARLY HIGH

0.0262 SGD

YEARLY LOW

0.0216 SGD

YEARLY AVERAGE

0.0250 SGD

2022 GMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0262. Conversely, the yearly low was recorded on December 31, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0046 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0256 to the December average rate of 0.0218, the exchange rate registered a net change of -14.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0262 was down 1.88% compared to the 2021 peak of 0.0267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131 SGD

2021 Average 130 SGD

Yearly Trough Low 108 SGD

Transaction Impact: A difference of 22.98 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0262

0.0214

JanuMarcMayJulySeptNove

GMD 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 0.0255, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0255

H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0023 SGD (High: 0.0243 / Low: 0.0219). On the other end, February was the most stable month, with a tight range of 0.0003 SGD (High: 0.0255 / Low: 0.0252).

November Spread (Volatile) ±0.0023

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0025 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0258) against the same month in 2021 (average: 0.0262), the exchange rate shifted by -0.0004 (-1.65%).

2022 Avg (September) 0.0258

2021 Avg (September) 0.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0258	0.0254	0.0256
February	0.0255	0.0252	0.0254
March	0.0256	0.0249	0.0254
April	0.0257	0.0251	0.0253
May	0.0261	0.0253	0.0256
June	0.0258	0.0253	0.0256
July	0.0260	0.0256	0.0258
August	0.0257	0.0251	0.0255
September	0.0262	0.0254	0.0258
October	0.0259	0.0241	0.0251
November	0.0243	0.0219	0.0226
December	0.0220	0.0216	0.0218