YEARLY HIGH
0.0105 SGD
YEARLY LOW
0.0097 SGD
YEARLY AVERAGE
0.0101 SGD

2024 HTG to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0105. Conversely, the yearly low was recorded on September 24, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0008 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0103, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0105 was up 1.43% compared to the 2023 peak of 0.0103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 SGD
2023 Average 48 SGD
Yearly Trough Low 49 SGD
Transaction Impact: A difference of 3.81 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0104
0.0098
JanuMarcMayJulySeptNove

HTG 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 0.0102, compared to 0.0101 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) 0.0102
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 SGD (High: 0.0102 / Low: 0.0099). On the other end, July was the most stable month, with a tight range of 0.0001 SGD (High: 0.0102 / Low: 0.0101).

August Spread (Volatile) ±0.0003
July 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: 0.0103) against the same month in 2023 (average: 0.0101), the exchange rate shifted by +0.0003 (+2.57%).

2024 Avg (December) 0.0103
2023 Avg (December) 0.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0102 0.0100 0.0101
February 0.0103 0.0101 0.0102
March 0.0102 0.0100 0.0101
April 0.0103 0.0101 0.0102
May 0.0103 0.0101 0.0102
June 0.0102 0.0101 0.0102
July 0.0102 0.0101 0.0102
August 0.0102 0.0099 0.0100
September 0.0099 0.0097 0.0098
October 0.0101 0.0098 0.0099
November 0.0103 0.0100 0.0102
December 0.0105 0.0102 0.0103