YEARLY HIGH
32194.7421 IRR
YEARLY LOW
26638.3830 IRR
YEARLY AVERAGE
30126.1335 IRR

2018 SGD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 32194.7421. Conversely, the yearly low was recorded on January 1, dropping to 26638.3830.

This high-to-low spread represents a total annual volatility of 5556.3591 IRR. From a start-to-finish perspective, comparing the January average rate of 27272.8520 to the December average rate of 30820.2590, the exchange rate registered a net change of 13.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 32194.7421 was up 20.81% compared to the 2017 peak of 26650.0563, 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 160,973,711 IRR
2017 Average 119,800,452 IRR
Yearly Trough Low 133,191,915 IRR
Transaction Impact: A difference of 27,781,795.54 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

32207.1849
26824.2763
JanuMarcMayJulySeptNove

SGD to IRR 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 29014.0811, compared to 31238.1858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2224.1048 points.

H1 Avg (Jan–Jun) 29014.0811
H2 Avg (Jul–Dec) 31238.1858

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 3716.9613 IRR (High: 31494.5476 / Low: 27777.5863). On the other end, November was the most stable month, with a tight range of 331.2071 IRR (High: 31023.2368 / Low: 30692.0297).

May Spread (Volatile) ±3716.9613
November Spread (Stable) ±331.2071

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 660.6024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -660.6024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 31758.6091) against the same month in 2017 (average: 23795.1760), the exchange rate shifted by +7963.4332 (+33.47%).

2018 Avg (July) 31758.6091
2017 Avg (July) 23795.1760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28168.8975 26638.3830 27272.8520
February 28318.6082 27759.2076 28080.8049
March 28718.5082 28209.8127 28510.8940
April 28755.1272 28200.9608 28503.7089
May 31494.5476 27777.5863 30298.5095
June 31668.4091 31132.0350 31417.7170
July 32194.7421 31140.6041 31758.6091
August 32189.4335 31275.1629 31648.2592
September 31648.3995 31296.2765 31478.8926
October 31462.9009 30672.4176 30818.2901
November 31023.2368 30692.0297 30904.8049
December 31124.2929 30577.3198 30820.2590