YEARLY HIGH
6097.6941 PYG
YEARLY LOW
5391.5557 PYG
YEARLY AVERAGE
5657.5692 PYG

2024 SGD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 6097.6941. Conversely, the yearly low was recorded on February 13, dropping to 5391.5557.

This high-to-low spread represents a total annual volatility of 706.1385 PYG. From a start-to-finish perspective, comparing the January average rate of 5451.2163 to the December average rate of 5778.2048, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6097.6941 was up 8.01% compared to the 2023 peak of 5645.7318, 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 30,488,471 PYG
2023 Average 27,136,346 PYG
Yearly Trough Low 26,957,778 PYG
Transaction Impact: A difference of 3,530,692.33 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6065.5078
5357.1525
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 5481.6285, compared to 5833.5100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 351.8815 points.

H1 Avg (Jan–Jun) 5481.6285
H2 Avg (Jul–Dec) 5833.5100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 229.5313 PYG (High: 6097.6941 / Low: 5868.1628). On the other end, April was the most stable month, with a tight range of 60.8447 PYG (High: 5482.4462 / Low: 5421.6015).

September Spread (Volatile) ±229.5313
April Spread (Stable) ±60.8447

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 153.1629 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -153.1629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5990.5272) against the same month in 2023 (average: 5336.2333), the exchange rate shifted by +654.2939 (+12.26%).

2024 Avg (September) 5990.5272
2023 Avg (September) 5336.2333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5534.7875 5414.6947 5451.2163
February 5467.2604 5391.5557 5416.1821
March 5480.6187 5410.3735 5453.0903
April 5482.4462 5421.6015 5449.3234
May 5592.7396 5507.5093 5552.6572
June 5604.9777 5542.7278 5567.3017
July 5669.4893 5552.1792 5609.8377
August 5889.8644 5661.2577 5762.6969
September 6097.6941 5868.1628 5990.5272
October 6060.5360 5963.1971 6006.4781
November 5971.4229 5777.6152 5853.3152
December 5848.1459 5707.6909 5778.2048