2023 SGD to SLL Historical Review

YEARLY HIGH

15891.7035 SLL

YEARLY LOW

13024.2606 SLL

YEARLY AVERAGE

14200.7409 SLL

2023 SGD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 15891.7035. Conversely, the yearly low was recorded on June 29, dropping to 13024.2606.

This high-to-low spread represents a total annual volatility of 2867.4429 SLL. From a start-to-finish perspective, comparing the January average rate of 13336.2944 to the December average rate of 15750.7407, the exchange rate registered a net change of 18.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15891.7035 was up 20.60% compared to the 2022 peak of 13177.0733, 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 79,458,517 SLL

2022 Average 49,760,229 SLL

Yearly Trough Low 65,121,303 SLL

Transaction Impact: A difference of 14,337,214.33 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16013.7211

12857.9561

JanuMarcMayJulySeptNove

SGD to SLL 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 13221.6155, compared to 15179.8663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1958.2508 points.

H1 Avg (Jan–Jun) 13221.6155

H2 Avg (Jul–Dec) 15179.8663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2715.5058 SLL (High: 15768.7347 / Low: 13053.2289). On the other end, October was the most stable month, with a tight range of 121.8734 SLL (High: 15388.6516 / Low: 15266.7782).

July Spread (Volatile) ±2715.5058

October Spread (Stable) ±121.8734

Growth Streaks & Declines

Trends

Between June and August, 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 140.7510 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -140.7510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 15750.7407) against the same month in 2022 (average: 13064.1872), the exchange rate shifted by +2686.5535 (+20.56%).

2023 Avg (December) 15750.7407

2022 Avg (December) 13064.1872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13468.2830	13127.2410	13336.2944
February	13532.6653	13085.1852	13251.9241
March	13302.9596	13041.5684	13174.4447
April	13360.0257	13203.2713	13262.2946
May	13335.5578	13038.8249	13183.7988
June	13214.9857	13024.2606	13120.9365
July	15768.7347	13053.2289	13553.1645
August	15710.5504	15414.4997	15521.5764
September	15498.1094	15273.7616	15380.8254
October	15388.6516	15266.7782	15318.4976
November	15763.3413	15346.3513	15554.3931
December	15891.7035	15603.4675	15750.7407