YEARLY HIGH
31480.5156 IRR
YEARLY LOW
29403.3007 IRR
YEARLY AVERAGE
30671.8957 IRR

2022 SGD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 31480.5156. Conversely, the yearly low was recorded on October 11, dropping to 29403.3007.

This high-to-low spread represents a total annual volatility of 2077.2149 IRR. From a start-to-finish perspective, comparing the January average rate of 31288.3005 to the December average rate of 30853.8844, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 31480.5156 was down 1.49% compared to the 2021 peak of 31958.2543, 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 157,402,578 IRR
2021 Average 156,865,328 IRR
Yearly Trough Low 147,016,503 IRR
Transaction Impact: A difference of 10,386,074.66 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

31524.2167
29586.0233
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 30992.1160, compared to 30351.6754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 640.4406 points.

H1 Avg (Jan–Jun) 30992.1160
H2 Avg (Jul–Dec) 30351.6754

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1480.4218 IRR (High: 31227.8848 / Low: 29747.4630). On the other end, March was the most stable month, with a tight range of 348.5236 IRR (High: 31309.9075 / Low: 30961.3839).

November Spread (Volatile) ±1480.4218
March Spread (Stable) ±348.5236

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 608.8921 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -608.8921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 31362.7006) against the same month in 2021 (average: 31710.3151), the exchange rate shifted by -347.6145 (-1.10%).

2022 Avg (February) 31362.7006
2021 Avg (February) 31710.3151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31452.2729 31061.7193 31288.3005
February 31480.5156 31032.1258 31362.7006
March 31309.9075 30961.3839 31116.3214
April 31215.4493 30508.4746 30986.2596
May 31018.1412 30327.6822 30625.5512
June 30864.6479 30308.6823 30573.5625
July 30673.9590 30083.2956 30368.2079
August 30913.9432 30257.5107 30574.2622
September 30320.2577 29435.0282 29965.3701
October 30217.4014 29403.3007 29747.5395
November 31227.8848 29747.4630 30600.7882
December 31397.6160 30429.9890 30853.8844