YEARLY HIGH
1016.6975 KRW
YEARLY LOW
880.6490 KRW
YEARLY AVERAGE
936.1396 KRW

2022 SGD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 1016.6975. Conversely, the yearly low was recorded on January 11, dropping to 880.6490.

This high-to-low spread represents a total annual volatility of 136.0485 KRW. From a start-to-finish perspective, comparing the January average rate of 885.4505 to the December average rate of 957.0638, the exchange rate registered a net change of 8.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1016.6975 was up 14.08% compared to the 2021 peak of 891.2435, 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 5,083,488 KRW
2021 Average 4,259,282 KRW
Yearly Trough Low 4,403,245 KRW
Transaction Impact: A difference of 680,242.50 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1014.9402
873.6787
JanuMarcMayJulySeptNove

SGD to KRW 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 903.0986, compared to 969.1805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.0820 points.

H1 Avg (Jan–Jun) 903.0986
H2 Avg (Jul–Dec) 969.1805

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 47.7533 KRW (High: 1003.8776 / Low: 956.1243). On the other end, February was the most stable month, with a tight range of 11.8000 KRW (High: 893.2876 / Low: 881.4876).

November Spread (Volatile) ±47.7533
February Spread (Stable) ±11.8000

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 25.9344 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -25.9344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1003.1684) against the same month in 2021 (average: 874.8420), the exchange rate shifted by +128.3264 (+14.67%).

2022 Avg (October) 1003.1684
2021 Avg (October) 874.8420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 892.8981 880.6490 885.4505
February 893.2876 881.4876 889.0964
March 909.4441 888.0244 898.7481
April 917.7141 895.1145 905.0456
May 924.4035 905.0715 916.9461
June 935.8350 905.6585 923.3048
July 945.7065 925.3788 936.8373
August 966.0587 943.0166 954.3332
September 1003.1063 967.6084 986.4466
October 1016.6975 985.3456 1003.1684
November 1003.8776 956.1243 977.2340
December 973.2235 938.2154 957.0638