YEARLY HIGH
7089.4478 GNF
YEARLY LOW
6493.7740 GNF
YEARLY AVERAGE
6767.1510 GNF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 35,447,239 GNF
2018 Average 33,546,793 GNF
Yearly Trough Low 32,468,870 GNF
Transaction Impact: A difference of 2,978,369.24 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

7022.7324
6605.5624
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 6754.1122
H2 Avg (Jul–Dec) 6780.1898

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±353.0225
July Spread (Stable) ±104.3810

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -121.2162

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (December) 6987.9682
2018 Avg (December) 6677.4382

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