YEARLY HIGH
0.0160 SGD
YEARLY LOW
0.0148 SGD
YEARLY AVERAGE
0.0153 SGD

2023 KGS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0160. Conversely, the yearly low was recorded on December 31, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0012 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0155 to the December average rate of 0.0149, the exchange rate registered a net change of -3.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0160 was down 10.57% compared to the 2022 peak of 0.0179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 SGD
2022 Average 82 SGD
Yearly Trough Low 74 SGD
Transaction Impact: A difference of 5.97 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0155
0.0149
JanuMarcMayJulySeptNove

KGS 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 0.0153, compared to 0.0152 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) 0.0153
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0008 SGD (High: 0.0160 / Low: 0.0152). On the other end, September was the most stable month, with a tight range of 0.0001 SGD (High: 0.0155 / Low: 0.0153).

January Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0155) against the same month in 2022 (average: 0.0159), the exchange rate shifted by -0.0005 (-2.83%).

2023 Avg (January) 0.0155
2022 Avg (January) 0.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0160 0.0152 0.0155
February 0.0154 0.0152 0.0153
March 0.0155 0.0152 0.0153
April 0.0153 0.0151 0.0152
May 0.0155 0.0152 0.0153
June 0.0155 0.0153 0.0154
July 0.0155 0.0150 0.0152
August 0.0154 0.0152 0.0153
September 0.0155 0.0153 0.0154
October 0.0155 0.0153 0.0154
November 0.0153 0.0150 0.0151
December 0.0150 0.0148 0.0149