YEARLY HIGH
0.6786 CHF
YEARLY LOW
0.6379 CHF
YEARLY AVERAGE
0.6589 CHF

2024 SGD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.6786. Conversely, the yearly low was recorded on January 1, dropping to 0.6379.

This high-to-low spread represents a total annual volatility of 0.0407 CHF. From a start-to-finish perspective, comparing the January average rate of 0.6424 to the December average rate of 0.6602, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6786 was down 3.60% compared to the 2023 peak of 0.7039, 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 3,393 CHF
2023 Average 3,345 CHF
Yearly Trough Low 3,189 CHF
Transaction Impact: A difference of 203.63 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6760
0.6394
JanuMarcMayJulySeptNove

SGD to CHF 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 0.6603, compared to 0.6574 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) 0.6603
H2 Avg (Jul–Dec) 0.6574

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0166 CHF (High: 0.6599 / Low: 0.6433). On the other end, April was the most stable month, with a tight range of 0.0061 CHF (High: 0.6744 / Low: 0.6684).

August Spread (Volatile) ±0.0166
April Spread (Stable) ±0.0061

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 May and June, when the average rate fell by 0.0117 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.6730) against the same month in 2023 (average: 0.6703), the exchange rate shifted by +0.0027 (+0.40%).

2024 Avg (May) 0.6730
2023 Avg (May) 0.6703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6485 0.6379 0.6424
February 0.6572 0.6416 0.6519
March 0.6717 0.6574 0.6626
April 0.6744 0.6684 0.6705
May 0.6786 0.6670 0.6730
June 0.6674 0.6544 0.6613
July 0.6679 0.6556 0.6627
August 0.6599 0.6433 0.6519
September 0.6596 0.6465 0.6538
October 0.6601 0.6539 0.6572
November 0.6638 0.6518 0.6590
December 0.6645 0.6547 0.6602