2023 SGD to LSL Historical Review

YEARLY HIGH

14.6778 LSL

YEARLY LOW

12.5894 LSL

YEARLY AVERAGE

13.7427 LSL

2023 SGD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 14.6778. Conversely, the yearly low was recorded on January 4, dropping to 12.5894.

This high-to-low spread represents a total annual volatility of 2.0884 LSL. From a start-to-finish perspective, comparing the January average rate of 12.9136 to the December average rate of 14.0231, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.6778 was up 11.95% compared to the 2022 peak of 13.1111, 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 73,389 LSL

2022 Average 59,312 LSL

Yearly Trough Low 62,947 LSL

Transaction Impact: A difference of 10,441.97 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.3371

12.7842

JanuMarcMayJulySeptNove

SGD to LSL 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 13.6164, compared to 13.8689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2525 points.

H1 Avg (Jan–Jun) 13.6164

H2 Avg (Jul–Dec) 13.8689

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.1275 LSL (High: 14.6778 / Low: 13.5503). On the other end, September was the most stable month, with a tight range of 0.3772 LSL (High: 14.0935 / Low: 13.7163).

June Spread (Volatile) ±1.1275

September Spread (Stable) ±0.3772

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.2983 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 13.9093) against the same month in 2022 (average: 11.4004), the exchange rate shifted by +2.5089 (+22.01%).

2023 Avg (June) 13.9093

2022 Avg (June) 11.4004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2657	12.5894	12.9136
February	13.6700	12.9543	13.4295
March	13.9193	13.3973	13.6225
April	13.8766	13.3086	13.6160
May	14.6150	13.7470	14.2076
June	14.6778	13.5503	13.9093
July	14.0494	13.2077	13.6502
August	14.3452	13.4982	13.9156
September	14.0935	13.7163	13.9064
October	14.2154	13.7175	13.9214
November	14.4222	13.4582	13.7968
December	14.3707	13.6958	14.0231