2024 SGD to KPW Historical Review

YEARLY HIGH

703.1799 KPW

YEARLY LOW

658.4420 KPW

YEARLY AVERAGE

673.5553 KPW

2024 SGD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 703.1799. Conversely, the yearly low was recorded on December 31, dropping to 658.4420.

This high-to-low spread represents a total annual volatility of 44.7379 KPW. From a start-to-finish perspective, comparing the January average rate of 673.7376 to the December average rate of 666.1581, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 703.1799 was up 1.99% compared to the 2023 peak of 689.4650, 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 3,515,900 KPW

2023 Average 3,351,286 KPW

Yearly Trough Low 3,292,210 KPW

Transaction Impact: A difference of 223,689.71 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

697.8285

659.9056

JanuMarcMayJulySeptNove

SGD to KPW 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 668.0983, compared to 679.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9141 points.

H1 Avg (Jan–Jun) 668.0983

H2 Avg (Jul–Dec) 679.0124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 18.6761 KPW (High: 698.6167 / Low: 679.9406). On the other end, June was the most stable month, with a tight range of 6.6139 KPW (High: 668.9162 / Low: 662.3023).

October Spread (Volatile) ±18.6761

June Spread (Stable) ±6.6139

Growth Streaks & Declines

Trends

Between 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 13.1660 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.1660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 694.6682) against the same month in 2023 (average: 660.1370), the exchange rate shifted by +34.5312 (+5.23%).

2024 Avg (September) 694.6682

2023 Avg (September) 660.1370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	681.8853	669.4735	673.7376
February	673.2999	666.1293	669.0970
March	676.5391	666.6430	670.9820
April	669.2470	659.1885	663.0659
May	669.8158	661.5089	666.2756
June	668.9162	662.3023	665.4315
July	673.5166	662.8247	668.7843
August	691.8590	673.2546	684.1927
September	703.1799	688.5224	694.6682
October	698.6167	679.9406	686.7185
November	685.1479	667.2618	673.5525
December	672.4005	658.4420	666.1581