2024 SGD to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SGD to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SGD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 163.4169. Conversely, the yearly low was recorded on December 31, dropping to 152.9992.
This high-to-low spread represents a total annual volatility of 10.4178 GYD. From a start-to-finish perspective, comparing the January average rate of 156.6628 to the December average rate of 154.7841, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 163.4169 was up 1.11% compared to the 2023 peak of 161.6281, 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 2024.
SGD to GYD 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 155.3442, compared to 157.8197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4755 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 6.2912 GYD (High: 160.6230 / Low: 154.3318). On the other end, June was the most stable month, with a tight range of 1.7767 GYD (High: 155.6982 / Low: 153.9215).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 3.1297 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 161.5034) against the same month in 2023 (average: 153.4415), the exchange rate shifted by +8.0619 (+5.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 159.0822 | 155.7455 | 156.6628 |
| February | 157.1441 | 154.8486 | 155.6035 |
| March | 160.6230 | 154.3318 | 156.0759 |
| April | 155.7284 | 153.3410 | 154.1661 |
| May | 155.7707 | 153.8521 | 154.8684 |
| June | 155.6982 | 153.9215 | 154.6887 |
| July | 156.5195 | 154.0881 | 155.4160 |
| August | 161.0440 | 156.3700 | 158.9125 |
| September | 163.4169 | 160.0566 | 161.5034 |
| October | 162.1876 | 157.9887 | 159.7160 |
| November | 159.3041 | 154.9893 | 156.5863 |
| December | 156.4158 | 152.9992 | 154.7841 |