2024 SGD to NAD Historical Review

YEARLY HIGH

14.3733 NAD

YEARLY LOW

13.1123 NAD

YEARLY AVERAGE

13.7125 NAD

2024 SGD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to NAD 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 13.1123.

This high-to-low spread represents a total annual volatility of 1.2610 NAD. From a start-to-finish perspective, comparing the January average rate of 14.0627 to the December average rate of 13.4898, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.3733 was down 2.61% compared to the 2023 peak of 14.7591, 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 NAD

2023 Average 68,879 NAD

Yearly Trough Low 65,562 NAD

Transaction Impact: A difference of 6,304.78 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.1757

13.3403

JanuMarcMayJulySeptNove

SGD to NAD 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 13.8960, compared to 13.5290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3670 points.

H1 Avg (Jan–Jun) 13.8960

H2 Avg (Jul–Dec) 13.5290

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.9004 NAD (High: 14.0935 / Low: 13.1931). On the other end, October was the most stable month, with a tight range of 0.2119 NAD (High: 13.5002 / Low: 13.2883).

June Spread (Volatile) ±0.9004

October Spread (Stable) ±0.2119

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 0.3054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 14.1061) against the same month in 2023 (average: 13.4113), the exchange rate shifted by +0.6948 (+5.18%).

2024 Avg (February) 14.1061

2023 Avg (February) 13.4113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2839	13.8955	14.0627
February	14.3733	13.8383	14.1061
March	14.2150	13.9162	14.0561
April	14.1015	13.6641	13.9155
May	13.7154	13.4268	13.6101
June	14.0935	13.1931	13.6258
July	13.7428	13.3650	13.5511
August	14.0127	13.4973	13.7083
September	13.7908	13.3696	13.5972
October	13.5002	13.2883	13.4099
November	13.5895	13.2308	13.4176
December	13.8112	13.1123	13.4898