YEARLY HIGH
0.5828 SHP
YEARLY LOW
0.5323 SHP
YEARLY AVERAGE
0.5556 SHP

2018 SGD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.5828. Conversely, the yearly low was recorded on April 16, dropping to 0.5323.

This high-to-low spread represents a total annual volatility of 0.0505 SHP. From a start-to-finish perspective, comparing the January average rate of 0.5476 to the December average rate of 0.5757, the exchange rate registered a net change of 5.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5828 was up 0.09% compared to the 2017 peak of 0.5822, 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 2,914 SHP
2017 Average 2,812 SHP
Yearly Trough Low 2,662 SHP
Transaction Impact: A difference of 252.31 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5793
0.5369
JanuMarcMayJulySeptNove

SGD to SHP 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 0.5479, compared to 0.5634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.5479
H2 Avg (Jul–Dec) 0.5634

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0205 SHP (High: 0.5680 / Low: 0.5475). On the other end, July was the most stable month, with a tight range of 0.0076 SHP (High: 0.5609 / Low: 0.5533).

October Spread (Volatile) ±0.0205
July Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between April and June, 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 0.0084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.5757) against the same month in 2017 (average: 0.5541), the exchange rate shifted by +0.0216 (+3.90%).

2018 Avg (December) 0.5757
2017 Avg (December) 0.5541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5562 0.5370 0.5476
February 0.5486 0.5357 0.5424
March 0.5499 0.5369 0.5443
April 0.5486 0.5323 0.5405
May 0.5622 0.5476 0.5546
June 0.5619 0.5530 0.5579
July 0.5609 0.5533 0.5570
August 0.5723 0.5593 0.5677
September 0.5665 0.5521 0.5592
October 0.5680 0.5475 0.5568
November 0.5716 0.5554 0.5638
December 0.5828 0.5713 0.5757