YEARLY HIGH
0.0065 SGD
YEARLY LOW
0.0061 SGD
YEARLY AVERAGE
0.0064 SGD

2024 GYD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0065. Conversely, the yearly low was recorded on September 28, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0004 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0065, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0065 was down 0.51% compared to the 2023 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 SGD
2023 Average 32 SGD
Yearly Trough Low 31 SGD
Transaction Impact: A difference of 2.08 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065
0.0062
JanuMarcMayJulySeptNove

GYD 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 0.0064, compared to 0.0063 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) 0.0064
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 SGD (High: 0.0065 / Low: 0.0062). On the other end, June was the most stable month, with a tight range of 0.0001 SGD (High: 0.0065 / Low: 0.0064).

March Spread (Volatile) ±0.0003
June 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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0065) against the same month in 2023 (average: 0.0064), the exchange rate shifted by +0.0001 (+1.66%).

2024 Avg (December) 0.0065
2023 Avg (December) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0063 0.0064
February 0.0065 0.0064 0.0064
March 0.0065 0.0062 0.0064
April 0.0065 0.0064 0.0065
May 0.0065 0.0064 0.0065
June 0.0065 0.0064 0.0065
July 0.0065 0.0064 0.0064
August 0.0064 0.0062 0.0063
September 0.0062 0.0061 0.0062
October 0.0063 0.0062 0.0063
November 0.0065 0.0063 0.0064
December 0.0065 0.0064 0.0065