2024 SGD to SLL Historical Review

YEARLY HIGH

16383.7019 SLL

YEARLY LOW

15341.3327 SLL

YEARLY AVERAGE

15693.4649 SLL

2024 SGD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 16383.7019. Conversely, the yearly low was recorded on December 31, dropping to 15341.3327.

This high-to-low spread represents a total annual volatility of 1042.3692 SLL. From a start-to-finish perspective, comparing the January average rate of 15697.7113 to the December average rate of 15521.1133, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16383.7019 was up 3.10% compared to the 2023 peak of 15891.7035, 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 81,918,509 SLL

2023 Average 71,035,636 SLL

Yearly Trough Low 76,706,663 SLL

Transaction Impact: A difference of 5,211,845.90 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16259.0157

15375.4342

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 15566.3183, compared to 15820.6115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 254.2933 points.

H1 Avg (Jan–Jun) 15566.3183

H2 Avg (Jul–Dec) 15820.6115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 435.1432 SLL (High: 16277.3819 / Low: 15842.2387). On the other end, June was the most stable month, with a tight range of 154.0994 SLL (High: 15585.3760 / Low: 15431.2766).

October Spread (Volatile) ±435.1432

June Spread (Stable) ±154.0994

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 October and November, when the average rate fell by 306.7601 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -306.7601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 16185.3839) against the same month in 2023 (average: 15380.8254), the exchange rate shifted by +804.5585 (+5.23%).

2024 Avg (September) 16185.3839

2023 Avg (September) 15380.8254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15887.5495	15598.3605	15697.7113
February	15687.5140	15520.4431	15589.5883
March	15762.9858	15532.4107	15633.5075
April	15593.0830	15358.7267	15449.0660
May	15606.3359	15412.7889	15523.8514
June	15585.3760	15431.2766	15504.1852
July	15692.5621	15443.4482	15582.3024
August	16119.9315	15686.4579	15941.3101
September	16383.7019	16042.1896	16185.3839
October	16277.3819	15842.2387	16000.1597
November	15963.5654	15546.8284	15693.3997
December	15666.5581	15341.3327	15521.1133