YEARLY HIGH
0.3740 SGD
YEARLY LOW
0.3379 SGD
YEARLY AVERAGE
0.3598 SGD

2022 PEN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.3740. Conversely, the yearly low was recorded on January 2, dropping to 0.3379.

This high-to-low spread represents a total annual volatility of 0.0362 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3470 to the December average rate of 0.3534, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3740 was up 0.14% compared to the 2021 peak of 0.3735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,870 SGD
2021 Average 1,734 SGD
Yearly Trough Low 1,689 SGD
Transaction Impact: A difference of 180.90 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3720
0.3447
JanuMarcMayJulySeptNove

PEN 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 0.3615, compared to 0.3580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3615
H2 Avg (Jul–Dec) 0.3580

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0156 SGD (High: 0.3670 / Low: 0.3514). On the other end, December was the most stable month, with a tight range of 0.0055 SGD (High: 0.3557 / Low: 0.3501).

July Spread (Volatile) ±0.0156
December Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0117 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.3682) against the same month in 2021 (average: 0.3527), the exchange rate shifted by +0.0155 (+4.38%).

2022 Avg (May) 0.3682
2021 Avg (May) 0.3527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3533 0.3379 0.3470
February 0.3631 0.3482 0.3554
March 0.3687 0.3576 0.3633
April 0.3731 0.3604 0.3655
May 0.3740 0.3593 0.3682
June 0.3739 0.3665 0.3697
July 0.3670 0.3514 0.3580
August 0.3661 0.3509 0.3575
September 0.3673 0.3605 0.3634
October 0.3632 0.3528 0.3582
November 0.3613 0.3536 0.3575
December 0.3557 0.3501 0.3534