2024 SGD to LSL Historical Review

YEARLY HIGH

14.3733 LSL

YEARLY LOW

13.1121 LSL

YEARLY AVERAGE

13.7133 LSL

2024 SGD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 14.3733. Conversely, the yearly low was recorded on December 12, dropping to 13.1121.

This high-to-low spread represents a total annual volatility of 1.2612 LSL. From a start-to-finish perspective, comparing the January average rate of 14.0677 to the December average rate of 13.4898, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.3733 was down 2.08% compared to the 2023 peak of 14.6778, 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 71,866 LSL

2023 Average 68,723 LSL

Yearly Trough Low 65,560 LSL

Transaction Impact: A difference of 6,306.03 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.1792

13.3434

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 13.8977, compared to 13.5289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3687 points.

H1 Avg (Jan–Jun) 13.8977

H2 Avg (Jul–Dec) 13.5289

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.9004 LSL (High: 14.0935 / Low: 13.1931). On the other end, October was the most stable month, with a tight range of 0.2116 LSL (High: 13.5001 / Low: 13.2885).

June Spread (Volatile) ±0.9004

October Spread (Stable) ±0.2116

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 April and May, when the average rate fell by 0.2834 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 14.1096) against the same month in 2023 (average: 13.4295), the exchange rate shifted by +0.6800 (+5.06%).

2024 Avg (February) 14.1096

2023 Avg (February) 13.4295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2839	13.9573	14.0677
February	14.3733	13.8383	14.1096
March	14.2150	13.9162	14.0609
April	14.1015	13.5783	13.9026
May	13.7791	13.4268	13.6192
June	14.0935	13.1931	13.6261
July	13.7428	13.3366	13.5494
August	14.0095	13.4963	13.7089
September	13.7908	13.3697	13.5949
October	13.5001	13.2885	13.4131
November	13.5895	13.2308	13.4175
December	13.8112	13.1121	13.4898