YEARLY HIGH
6914.3217 GNF
YEARLY LOW
6026.1344 GNF
YEARLY AVERAGE
6393.1675 GNF

2022 SGD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6914.3217. Conversely, the yearly low was recorded on October 11, dropping to 6026.1344.

This high-to-low spread represents a total annual volatility of 888.1874 GNF. From a start-to-finish perspective, comparing the January average rate of 6734.3696 to the December average rate of 6431.3569, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 6914.3217 was down 11.20% compared to the 2021 peak of 7786.5484, 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 34,571,609 GNF
2021 Average 36,623,439 GNF
Yearly Trough Low 30,130,672 GNF
Transaction Impact: A difference of 4,440,936.84 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6797.9413
6035.0801
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 6544.6276, compared to 6241.7075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 302.9201 points.

H1 Avg (Jan–Jun) 6544.6276
H2 Avg (Jul–Dec) 6241.7075

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 348.7069 GNF (High: 6396.7435 / Low: 6048.0366). On the other end, March was the most stable month, with a tight range of 88.7428 GNF (High: 6627.4339 / Low: 6538.6912).

November Spread (Volatile) ±348.7069
March Spread (Stable) ±88.7428

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 127.8590 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -127.8590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 6734.3696) against the same month in 2021 (average: 7695.8346), the exchange rate shifted by -961.4651 (-12.49%).

2022 Avg (January) 6734.3696
2021 Avg (January) 7695.8346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6914.3217 6653.5048 6734.3696
February 6766.2251 6567.3589 6690.6731
March 6627.4339 6538.6912 6583.8892
April 6596.5228 6358.4212 6513.8543
May 6466.0461 6304.1556 6389.9171
June 6456.3891 6233.7156 6355.0623
July 6382.6756 6163.9775 6227.4820
August 6418.3448 6188.0040 6277.6208
September 6250.0000 6034.8083 6149.7619
October 6175.8055 6026.1344 6098.6519
November 6396.7435 6048.0366 6265.3714
December 6541.9153 6355.2965 6431.3569