2023 SGD to AUD Historical Review

YEARLY HIGH

1.1604 AUD

YEARLY LOW

1.0644 AUD

YEARLY AVERAGE

1.1211 AUD

2023 SGD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 1.1604. Conversely, the yearly low was recorded on January 27, dropping to 1.0644.

This high-to-low spread represents a total annual volatility of 0.0960 AUD. From a start-to-finish perspective, comparing the January average rate of 1.0849 to the December average rate of 1.1206, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1604 was up 2.59% compared to the 2022 peak of 1.1311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,802 AUD

2022 Average 5,229 AUD

Yearly Trough Low 5,322 AUD

Transaction Impact: A difference of 479.92 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1576

1.0783

JanuMarcMayJulySeptNove

SGD to AUD 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 1.1071, compared to 1.1351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 1.1071

H2 Avg (Jul–Dec) 1.1351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0427 AUD (High: 1.1285 / Low: 1.0858). On the other end, September was the most stable month, with a tight range of 0.0189 AUD (High: 1.1527 / Low: 1.1338).

June Spread (Volatile) ±0.0427

September Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0206 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.1510) against the same month in 2022 (average: 1.1044), the exchange rate shifted by +0.0465 (+4.21%).

2023 Avg (October) 1.1510

2022 Avg (October) 1.1044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1051	1.0644	1.0849
February	1.1019	1.0718	1.0893
March	1.1283	1.0983	1.1163
April	1.1336	1.1105	1.1230
May	1.1374	1.1127	1.1239
June	1.1285	1.0858	1.1054
July	1.1301	1.0975	1.1132
August	1.1542	1.1321	1.1424
September	1.1527	1.1338	1.1421
October	1.1604	1.1364	1.1510
November	1.1554	1.1294	1.1412
December	1.1377	1.1057	1.1206