2022 SGD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SGD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SGD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 23.7277. Conversely, the yearly low was recorded on April 28, dropping to 14.9704.
This high-to-low spread represents a total annual volatility of 8.7573 SRD. From a start-to-finish perspective, comparing the January average rate of 15.6632 to the December average rate of 23.4285, the exchange rate registered a net change of 49.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 23.7277 was up 48.15% compared to the 2021 peak of 16.0158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SGD to SRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.3691, compared to 19.7384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3693 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 2.5957 SRD (High: 23.2686 / Low: 20.6729). On the other end, March was the most stable month, with a tight range of 0.2872 SRD (High: 15.3146 / Low: 15.0275).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3668 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 23.4285) against the same month in 2021 (average: 15.5446), the exchange rate shifted by +7.8839 (+50.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8061 | 15.4288 | 15.6632 |
| February | 15.5716 | 15.0728 | 15.2963 |
| March | 15.3146 | 15.0275 | 15.1639 |
| April | 15.2756 | 14.9704 | 15.1773 |
| May | 15.4196 | 14.9759 | 15.1658 |
| June | 16.0713 | 15.3600 | 15.7484 |
| July | 17.5443 | 15.8814 | 16.4174 |
| August | 18.2009 | 17.1165 | 17.6469 |
| September | 19.9465 | 18.0258 | 19.1139 |
| October | 20.6317 | 19.2060 | 19.9359 |
| November | 23.2686 | 20.6729 | 21.8881 |
| December | 23.7277 | 23.2457 | 23.4285 |