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

2024 KGS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0160. Conversely, the yearly low was recorded on January 1, 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 0.0150 to the December average rate of 0.0155, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0160 was down 0.14% compared to the 2023 peak of 0.0160, 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
2023 Average 76 SGD
Yearly Trough Low 74 SGD
Transaction Impact: A difference of 5.84 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0159
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 0.0152, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0007 SGD (High: 0.0159 / Low: 0.0152). On the other end, February was the most stable month, with a tight range of 0.0001 SGD (High: 0.0151 / Low: 0.0150).

August Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0158) against the same month in 2023 (average: 0.0152), the exchange rate shifted by +0.0006 (+3.98%).

2024 Avg (July) 0.0158
2023 Avg (July) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0151 0.0148 0.0150
February 0.0151 0.0150 0.0150
March 0.0151 0.0149 0.0150
April 0.0154 0.0151 0.0152
May 0.0154 0.0152 0.0153
June 0.0157 0.0153 0.0155
July 0.0160 0.0157 0.0158
August 0.0159 0.0152 0.0154
September 0.0155 0.0152 0.0154
October 0.0155 0.0153 0.0154
November 0.0156 0.0152 0.0155
December 0.0157 0.0154 0.0155