2024 GTQ to SGD Historical Review

YEARLY HIGH

0.1773 SGD

YEARLY LOW

0.1655 SGD

YEARLY AVERAGE

0.1722 SGD

2024 GTQ to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1773. Conversely, the yearly low was recorded on September 28, dropping to 0.1655.

This high-to-low spread represents a total annual volatility of 0.0118 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1709 to the December average rate of 0.1753, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1773 was up 1.02% compared to the 2023 peak of 0.1755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 886 SGD

2023 Average 858 SGD

Yearly Trough Low 827 SGD

Transaction Impact: A difference of 58.95 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1761

0.1667

JanuMarcMayJulySeptNove

GTQ 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 0.1729, compared to 0.1714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1729

H2 Avg (Jul–Dec) 0.1714

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0047 SGD (High: 0.1749 / Low: 0.1702). On the other end, May was the most stable month, with a tight range of 0.0021 SGD (High: 0.1751 / Low: 0.1730).

November Spread (Volatile) ±0.0047

May Spread (Stable) ±0.0021

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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1753) against the same month in 2023 (average: 0.1700), the exchange rate shifted by +0.0053 (+3.14%).

2024 Avg (December) 0.1753

2023 Avg (December) 0.1700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1720	0.1682	0.1709
February	0.1730	0.1704	0.1722
March	0.1738	0.1703	0.1720
April	0.1756	0.1727	0.1745
May	0.1751	0.1730	0.1739
June	0.1751	0.1729	0.1741
July	0.1747	0.1725	0.1734
August	0.1726	0.1679	0.1700
September	0.1691	0.1655	0.1675
October	0.1712	0.1668	0.1694
November	0.1749	0.1702	0.1730
December	0.1773	0.1734	0.1753