2024 SGD to SDG Historical Review

YEARLY HIGH

469.9586 SDG

YEARLY LOW

419.3231 SDG

YEARLY AVERAGE

447.6190 SDG

2024 SGD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 469.9586. Conversely, the yearly low was recorded on May 1, dropping to 419.3231.

This high-to-low spread represents a total annual volatility of 50.6355 SDG. From a start-to-finish perspective, comparing the January average rate of 449.9070 to the December average rate of 445.2157, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 469.9586 was up 3.18% compared to the 2023 peak of 455.4669, 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 2,349,793 SDG

2023 Average 2,220,427 SDG

Yearly Trough Low 2,096,616 SDG

Transaction Impact: A difference of 253,177.38 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

467.4882

428.8685

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 442.2696, compared to 452.9685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6989 points.

H1 Avg (Jan–Jun) 442.2696

H2 Avg (Jul–Dec) 452.9685

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 27.9650 SDG (High: 447.2881 / Low: 419.3231). On the other end, February was the most stable month, with a tight range of 4.7884 SDG (High: 449.6147 / Low: 444.8264).

May Spread (Volatile) ±27.9650

February Spread (Stable) ±4.7884

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 10.5479 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.5479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 464.2699) against the same month in 2023 (average: 441.0206), the exchange rate shifted by +23.2493 (+5.27%).

2024 Avg (September) 464.2699

2023 Avg (September) 441.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	455.3479	447.0595	449.9070
February	449.6147	444.8264	446.7440
March	450.8289	434.2076	442.6347
April	443.8941	429.2050	432.0868
May	447.2881	419.3231	443.4383
June	444.9854	432.9196	438.8068
July	450.1336	435.3702	441.9419
August	462.3925	449.9585	457.2688
September	469.9586	460.1625	464.2699
October	466.9089	454.4270	458.9569
November	457.9072	445.9533	450.1576
December	449.3877	440.0587	445.2157