2023 SGD to SDG Historical Review

YEARLY HIGH

455.4669 SDG

YEARLY LOW

408.1907 SDG

YEARLY AVERAGE

444.0578 SDG

2023 SGD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 455.4669. Conversely, the yearly low was recorded on November 20, dropping to 408.1907.

This high-to-low spread represents a total annual volatility of 47.2762 SDG. From a start-to-finish perspective, comparing the January average rate of 435.5133 to the December average rate of 451.4268, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 455.4669 was up 6.75% compared to the 2022 peak of 426.6791, 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 2,277,335 SDG

2022 Average 1,808,633 SDG

Yearly Trough Low 2,040,954 SDG

Transaction Impact: A difference of 236,381.01 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

453.0182

433.9220

JanuMarcMayJulySeptNove

SGD to SDG 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 442.9807, compared to 445.1348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1541 points.

H1 Avg (Jan–Jun) 442.9807

H2 Avg (Jul–Dec) 445.1348

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 43.2214 SDG (High: 451.4121 / Low: 408.1907). On the other end, October was the most stable month, with a tight range of 4.2837 SDG (High: 441.1118 / Low: 436.8281).

November Spread (Volatile) ±43.2214

October Spread (Stable) ±4.2837

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 5.1504 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.1504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 451.4268) against the same month in 2022 (average: 422.0478), the exchange rate shifted by +29.3790 (+6.96%).

2023 Avg (December) 451.4268

2022 Avg (December) 422.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	443.9093	425.8640	435.5133
February	447.0031	435.5556	439.2878
March	448.0759	426.7573	439.7840
April	453.7795	427.9011	448.8737
May	452.9485	443.2389	447.8629
June	449.9753	443.4810	446.5623
July	455.2152	443.7285	450.2606
August	450.6496	441.7899	445.1101
September	444.5558	437.7563	441.0206
October	441.1118	436.8281	438.9797
November	451.4121	408.1907	444.0111
December	455.4669	447.2059	451.4268