2024 SGD to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SGD to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SGD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 307.2995. Conversely, the yearly low was recorded on April 30, dropping to 284.1905.
This high-to-low spread represents a total annual volatility of 23.1090 AMD. From a start-to-finish perspective, comparing the January average rate of 302.9636 to the December average rate of 293.6255, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 307.2995 was down 1.81% compared to the 2023 peak of 312.9790, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SGD to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 294.2571, compared to 293.6690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5881 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 12.0119 AMD (High: 301.0584 / Low: 289.0465). On the other end, June was the most stable month, with a tight range of 3.1931 AMD (High: 288.8668 / Low: 285.6737).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 10.3644 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 302.9636) against the same month in 2023 (average: 298.6172), the exchange rate shifted by +4.3464 (+1.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 307.2995 | 300.8517 | 302.9636 |
| February | 304.9715 | 300.2344 | 301.7885 |
| March | 303.0008 | 291.7798 | 298.6169 |
| April | 291.0818 | 284.1905 | 288.2524 |
| May | 288.5255 | 285.1919 | 287.0008 |
| June | 288.8668 | 285.6737 | 286.9205 |
| July | 290.4714 | 285.8258 | 288.3132 |
| August | 298.4517 | 289.6386 | 294.5835 |
| September | 302.6174 | 296.2352 | 298.9215 |
| October | 300.0472 | 292.3997 | 295.4734 |
| November | 295.7904 | 287.4447 | 291.0970 |
| December | 301.0584 | 289.0465 | 293.6255 |