2024 PLN to SGD Historical Review

YEARLY HIGH

0.3444 SGD

YEARLY LOW

0.2865 SGD

YEARLY AVERAGE

0.3357 SGD

2024 PLN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.3444. Conversely, the yearly low was recorded on January 1, dropping to 0.2865.

This high-to-low spread represents a total annual volatility of 0.0580 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3326 to the December average rate of 0.3314, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3444 was up 1.52% compared to the 2023 peak of 0.3393, 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 6,889 SGD

2023 Average 6,407 SGD

Yearly Trough Low 5,729 SGD

Transaction Impact: A difference of 1,159.31 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3425

0.3264

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 0.3371, compared to 0.3343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.3371

H2 Avg (Jul–Dec) 0.3343

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0504 SGD (High: 0.3369 / Low: 0.2865). On the other end, March was the most stable month, with a tight range of 0.0038 SGD (High: 0.3406 / Low: 0.3368).

January Spread (Volatile) ±0.0504

March Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.3410) against the same month in 2023 (average: 0.3207), the exchange rate shifted by +0.0203 (+6.34%).

2024 Avg (May) 0.3410

2023 Avg (May) 0.3207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3369	0.2865	0.3326
February	0.3384	0.3324	0.3357
March	0.3406	0.3368	0.3385
April	0.3436	0.3319	0.3382
May	0.3444	0.3353	0.3410
June	0.3436	0.3307	0.3368
July	0.3441	0.3372	0.3412
August	0.3419	0.3343	0.3380
September	0.3388	0.3341	0.3365
October	0.3329	0.3281	0.3308
November	0.3306	0.3234	0.3278
December	0.3333	0.3289	0.3314