2024 SGD to KMF Historical Review

YEARLY HIGH

351.7696 KMF

YEARLY LOW

333.3028 KMF

YEARLY AVERAGE

340.5822 KMF

2024 SGD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 351.7696. Conversely, the yearly low was recorded on April 12, dropping to 333.3028.

This high-to-low spread represents a total annual volatility of 18.4669 KMF. From a start-to-finish perspective, comparing the January average rate of 337.8698 to the December average rate of 347.8502, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 351.7696 was up 1.10% compared to the 2023 peak of 347.9565, 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 1,758,848 KMF

2023 Average 1,695,941 KMF

Yearly Trough Low 1,666,514 KMF

Transaction Impact: A difference of 92,334.41 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

348.8917

336.3928

JanuMarcMayJulySeptNove

SGD to KMF 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 338.0300, compared to 343.1344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1045 points.

H1 Avg (Jan–Jun) 338.0300

H2 Avg (Jul–Dec) 343.1344

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 13.8308 KMF (High: 351.7696 / Low: 337.9388). On the other end, March was the most stable month, with a tight range of 2.4858 KMF (High: 338.8713 / Low: 336.3855).

November Spread (Volatile) ±13.8308

March Spread (Stable) ±2.4858

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.2376 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.2376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 346.5064) against the same month in 2023 (average: 338.4524), the exchange rate shifted by +8.0541 (+2.38%).

2024 Avg (November) 346.5064

2023 Avg (November) 338.4524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	340.0004	334.8902	337.8698
February	341.1901	337.4004	339.0414
March	338.8713	336.3855	337.8039
April	340.7819	333.3028	338.1277
May	339.7081	335.6116	337.4344
June	339.9394	334.4682	337.9025
July	341.0425	335.2645	337.5270
August	344.0209	338.0064	340.0383
September	345.0466	340.8187	342.3292
October	346.2683	342.5130	344.5554
November	351.7696	337.9388	346.5064
December	349.8349	346.1020	347.8502