YEARLY HIGH
1.1849 AUD
YEARLY LOW
1.0975 AUD
YEARLY AVERAGE
1.1346 AUD

2024 SGD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.1849. Conversely, the yearly low was recorded on July 6, dropping to 1.0975.

This high-to-low spread represents a total annual volatility of 0.0874 AUD. From a start-to-finish perspective, comparing the January average rate of 1.1267 to the December average rate of 1.1704, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1849 was up 2.11% compared to the 2023 peak of 1.1604, 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 5,925 AUD
2023 Average 5,606 AUD
Yearly Trough Low 5,487 AUD
Transaction Impact: A difference of 437.15 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1761
1.1075
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 1.1275, compared to 1.1416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 1.1275
H2 Avg (Jul–Dec) 1.1416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0453 AUD (High: 1.1428 / Low: 1.0975). On the other end, February was the most stable month, with a tight range of 0.0129 AUD (High: 1.1469 / Low: 1.1340).

July Spread (Volatile) ±0.0453
February Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0156 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.1704) against the same month in 2023 (average: 1.1206), the exchange rate shifted by +0.0498 (+4.44%).

2024 Avg (December) 1.1704
2023 Avg (December) 1.1206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1367 1.1127 1.1267
February 1.1469 1.1340 1.1391
March 1.1449 1.1288 1.1368
April 1.1449 1.1207 1.1323
May 1.1256 1.1086 1.1167
June 1.1235 1.1033 1.1132
July 1.1428 1.0975 1.1132
August 1.1608 1.1296 1.1425
September 1.1525 1.1253 1.1398
October 1.1521 1.1241 1.1381
November 1.1523 1.1343 1.1458
December 1.1849 1.1466 1.1704