2019 SGD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 SGD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the SGD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 44.4094. Conversely, the yearly low was recorded on January 12, dropping to 27.2721.
This high-to-low spread represents a total annual volatility of 17.1374 ARS. From a start-to-finish perspective, comparing the January average rate of 27.5499 to the December average rate of 44.0851, the exchange rate registered a net change of 60.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 44.4094 was up 47.09% compared to the 2018 peak of 30.1916, 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 2019.
SGD to ARS 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 30.4856, compared to 40.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5698 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 11.1890 ARS (High: 43.3494 / Low: 32.1604). On the other end, November was the most stable month, with a tight range of 0.2689 ARS (High: 43.9491 / Low: 43.6802).
Growth Streaks & Declines
TrendsBetween July and December, 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 0.9240 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 44.0851) against the same month in 2018 (average: 27.5715), the exchange rate shifted by +16.5136 (+59.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.8438 | 27.2721 | 27.5499 |
| February | 29.3433 | 27.4562 | 28.3242 |
| March | 32.3543 | 29.3718 | 30.4846 |
| April | 33.6443 | 30.6802 | 31.7669 |
| May | 33.2122 | 32.1829 | 32.7139 |
| June | 32.9334 | 31.2786 | 32.0742 |
| July | 32.0070 | 30.5951 | 31.1502 |
| August | 43.3494 | 32.1604 | 37.6070 |
| September | 42.8249 | 40.0343 | 41.0157 |
| October | 43.9603 | 41.4479 | 42.6602 |
| November | 43.9491 | 43.6802 | 43.8143 |
| December | 44.4094 | 43.6305 | 44.0851 |