2023 PLN to SGD Historical Review

YEARLY HIGH

0.3393 SGD

YEARLY LOW

0.2976 SGD

YEARLY AVERAGE

0.3202 SGD

2023 PLN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3393. Conversely, the yearly low was recorded on February 12, dropping to 0.2976.

This high-to-low spread represents a total annual volatility of 0.0417 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3056 to the December average rate of 0.3357, the exchange rate registered a net change of 9.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3393 was down 0.50% compared to the 2022 peak of 0.3410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 6,785 SGD

2022 Average 6,202 SGD

Yearly Trough Low 5,952 SGD

Transaction Impact: A difference of 833.22 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3392

0.2972

JanuMarcMayJulySeptNove

PLN 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 0.3125, compared to 0.3278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.3125

H2 Avg (Jul–Dec) 0.3278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0174 SGD (High: 0.3190 / Low: 0.3015). On the other end, May was the most stable month, with a tight range of 0.0056 SGD (High: 0.3240 / Low: 0.3184).

January Spread (Volatile) ±0.0174

May Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.0141 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3357) against the same month in 2022 (average: 0.3060), the exchange rate shifted by +0.0296 (+9.69%).

2023 Avg (December) 0.3357

2022 Avg (December) 0.3060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3190	0.3015	0.3056
February	0.3057	0.2976	0.3007
March	0.3097	0.3036	0.3060
April	0.3219	0.3082	0.3148
May	0.3240	0.3184	0.3207
June	0.3331	0.3209	0.3274
July	0.3347	0.3286	0.3322
August	0.3340	0.3274	0.3306
September	0.3271	0.3111	0.3165
October	0.3273	0.3106	0.3207
November	0.3388	0.3237	0.3314
December	0.3393	0.3330	0.3357