YEARLY HIGH
0.7243 EUR
YEARLY LOW
0.6484 EUR
YEARLY AVERAGE
0.6893 EUR

2022 SGD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.7243. Conversely, the yearly low was recorded on January 13, dropping to 0.6484.

This high-to-low spread represents a total annual volatility of 0.0759 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6540 to the December average rate of 0.6980, the exchange rate registered a net change of 6.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7243 was up 10.89% compared to the 2021 peak of 0.6532, 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 3,622 EUR
2021 Average 3,147 EUR
Yearly Trough Low 3,242 EUR
Transaction Impact: A difference of 379.60 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7202
0.6480
JanuMarcMayJulySeptNove

SGD to EUR 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 0.6703, compared to 0.7083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 0.6703
H2 Avg (Jul–Dec) 0.7083

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0246 EUR (High: 0.7112 / Low: 0.6866). On the other end, February was the most stable month, with a tight range of 0.0103 EUR (High: 0.6593 / Low: 0.6490).

July Spread (Volatile) ±0.0246
February Spread (Stable) ±0.0103

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 0.0083 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.7141) against the same month in 2021 (average: 0.6304), the exchange rate shifted by +0.0837 (+13.28%).

2022 Avg (September) 0.7141
2021 Avg (September) 0.6304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6632 0.6484 0.6540
February 0.6593 0.6490 0.6544
March 0.6756 0.6618 0.6687
April 0.6867 0.6670 0.6771
May 0.6905 0.6788 0.6844
June 0.6898 0.6779 0.6835
July 0.7112 0.6866 0.7034
August 0.7219 0.7075 0.7139
September 0.7243 0.7034 0.7141
October 0.7212 0.7039 0.7142
November 0.7213 0.6974 0.7062
December 0.7031 0.6909 0.6980