2019 SGD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 SGD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the SGD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 7089.4478. Conversely, the yearly low was recorded on August 25, dropping to 6493.7740.
This high-to-low spread represents a total annual volatility of 595.6738 GNF. From a start-to-finish perspective, comparing the January average rate of 6755.0636 to the December average rate of 6987.9682, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 7089.4478 was up 2.81% compared to the 2018 peak of 6895.7529, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
SGD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6754.1122, compared to 6780.1898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.0776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 353.0225 GNF (High: 6981.2194 / Low: 6628.1969). On the other end, July was the most stable month, with a tight range of 104.3810 GNF (High: 6799.7392 / Low: 6695.3582).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 121.2162 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 6987.9682) against the same month in 2018 (average: 6677.4382), the exchange rate shifted by +310.5300 (+4.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6799.2018 | 6667.3304 | 6755.0636 |
| February | 6832.3262 | 6715.7561 | 6777.0782 |
| March | 6837.5840 | 6715.6305 | 6781.0222 |
| April | 6818.6959 | 6691.2041 | 6766.7174 |
| May | 6784.7692 | 6617.3331 | 6702.1073 |
| June | 6819.1797 | 6636.6418 | 6742.6843 |
| July | 6799.7392 | 6695.3582 | 6761.5428 |
| August | 6711.2144 | 6493.7740 | 6640.3266 |
| September | 6720.5916 | 6595.5723 | 6681.3728 |
| October | 6808.8124 | 6651.6537 | 6744.9951 |
| November | 6981.2194 | 6628.1969 | 6864.9331 |
| December | 7089.4478 | 6916.9562 | 6987.9682 |