2023 SGD to PYG Historical Review

YEARLY HIGH

5645.7318 PYG

YEARLY LOW

5298.5710 PYG

YEARLY AVERAGE

5427.4143 PYG

2023 SGD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 5645.7318. Conversely, the yearly low was recorded on March 7, dropping to 5298.5710.

This high-to-low spread represents a total annual volatility of 347.1608 PYG. From a start-to-finish perspective, comparing the January average rate of 5568.9321 to the December average rate of 5527.0570, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5645.7318 was up 3.21% compared to the 2022 peak of 5469.9557, 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 28,228,659 PYG

2022 Average 25,323,417 PYG

Yearly Trough Low 26,492,855 PYG

Transaction Impact: A difference of 1,735,803.94 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5592.2020

5312.9634

JanuMarcMayJulySeptNove

SGD to PYG 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 5423.5681, compared to 5431.2605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6924 points.

H1 Avg (Jan–Jun) 5423.5681

H2 Avg (Jul–Dec) 5431.2605

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 223.4672 PYG (High: 5626.9205 / Low: 5403.4533). On the other end, September was the most stable month, with a tight range of 70.2737 PYG (High: 5379.2951 / Low: 5309.0214).

February Spread (Volatile) ±223.4672

September Spread (Stable) ±70.2737

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 116.7560 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -116.7560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 5568.9321) against the same month in 2022 (average: 5156.5030), the exchange rate shifted by +412.4291 (+8.00%).

2023 Avg (January) 5568.9321

2022 Avg (January) 5156.5030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5645.7318	5440.2402	5568.9321
February	5626.9205	5403.4533	5477.5489
March	5426.7412	5298.5710	5360.7929
April	5444.7596	5333.6142	5374.5296
May	5426.6207	5326.6669	5374.4566
June	5415.5163	5337.0307	5385.1485
July	5502.4601	5337.0666	5440.4008
August	5452.2182	5330.5315	5382.8737
September	5379.2951	5309.0214	5336.2333
October	5455.6637	5307.5386	5384.6956
November	5590.3331	5450.3078	5516.3028
December	5587.0766	5475.0001	5527.0570