2022 SGD to GMD Historical Review

YEARLY HIGH

46.2111 GMD

YEARLY LOW

38.1155 GMD

YEARLY AVERAGE

40.1875 GMD

2022 SGD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 46.2111. Conversely, the yearly low was recorded on September 26, dropping to 38.1155.

This high-to-low spread represents a total annual volatility of 8.0957 GMD. From a start-to-finish perspective, comparing the January average rate of 39.0936 to the December average rate of 45.9014, the exchange rate registered a net change of 17.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 46.2111 was up 17.76% compared to the 2021 peak of 39.2410, 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 231,056 GMD

2021 Average 191,684 GMD

Yearly Trough Low 190,577 GMD

Transaction Impact: A difference of 40,478.37 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

46.6159

38.0420

JanuMarcMayJulySeptNove

SGD to GMD 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 39.2530, compared to 41.1220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8689 points.

H1 Avg (Jan–Jun) 39.2530

H2 Avg (Jul–Dec) 41.1220

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 4.3992 GMD (High: 45.6096 / Low: 41.2104). On the other end, February was the most stable month, with a tight range of 0.5086 GMD (High: 39.6657 / Low: 39.1572).

November Spread (Volatile) ±4.3992

February Spread (Stable) ±0.5086

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4547 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 45.9014) against the same month in 2021 (average: 38.5264), the exchange rate shifted by +7.3750 (+19.14%).

2022 Avg (December) 45.9014

2021 Avg (December) 38.5264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.3612	38.7950	39.0936
February	39.6657	39.1572	39.4303
March	40.2257	39.0494	39.3915
April	39.7819	38.8388	39.4896
May	39.5957	38.3840	39.0485
June	39.4746	38.8327	39.0646
July	39.1021	38.4020	38.7565
August	39.8425	38.8571	39.2561
September	39.3479	38.1155	38.8014
October	41.4089	38.5840	39.8370
November	45.6096	41.2104	44.1794
December	46.2111	45.4612	45.9014