YEARLY HIGH
2.7244 QAR
YEARLY LOW
2.5306 QAR
YEARLY AVERAGE
2.6441 QAR

2022 SGD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 2.7244. Conversely, the yearly low was recorded on September 27, dropping to 2.5306.

This high-to-low spread represents a total annual volatility of 0.1938 QAR. From a start-to-finish perspective, comparing the January average rate of 2.6956 to the December average rate of 2.6963, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.7244 was down 1.66% compared to the 2021 peak of 2.7705, 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 13,622 QAR
2021 Average 13,560 QAR
Yearly Trough Low 12,653 QAR
Transaction Impact: A difference of 969.01 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.7171
2.5443
JanuMarcMayJulySeptNove

SGD to QAR 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 2.6689, compared to 2.6192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0497 points.

H1 Avg (Jan–Jun) 2.6689
H2 Avg (Jul–Dec) 2.6192

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1176 QAR (High: 2.6781 / Low: 2.5605). On the other end, March was the most stable month, with a tight range of 0.0277 QAR (High: 2.6927 / Low: 2.6650).

November Spread (Volatile) ±0.1176
March Spread (Stable) ±0.0277

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 August and September, when the average rate fell by 0.0529 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.6963) against the same month in 2021 (average: 2.6706), the exchange rate shifted by +0.0256 (+0.96%).

2022 Avg (December) 2.6963
2021 Avg (December) 2.6706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7101 2.6752 2.6956
February 2.7129 2.6781 2.7027
March 2.6927 2.6650 2.6799
April 2.6873 2.6262 2.6662
May 2.6764 2.6072 2.6357
June 2.6567 2.6157 2.6334
July 2.6476 2.5989 2.6222
August 2.6582 2.6031 2.6304
September 2.6085 2.5306 2.5775
October 2.5950 2.5309 2.5587
November 2.6781 2.5605 2.6304
December 2.7244 2.6786 2.6963