YEARLY HIGH
1874.2028 SYP
YEARLY LOW
1746.3138 SYP
YEARLY AVERAGE
1823.1585 SYP

2022 SGD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1874.2028. Conversely, the yearly low was recorded on September 27, dropping to 1746.3138.

This high-to-low spread represents a total annual volatility of 127.8889 SYP. From a start-to-finish perspective, comparing the January average rate of 1859.9040 to the December average rate of 1858.1467, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1874.2028 was up 0.60% compared to the 2021 peak of 1862.9741, 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 9,371,014 SYP
2021 Average 4,600,210 SYP
Yearly Trough Low 8,731,569 SYP
Transaction Impact: A difference of 639,444.65 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1874.2752
1754.9001
JanuMarcMayJulySeptNove

SGD to SYP 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 1840.8785, compared to 1805.4384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.4401 points.

H1 Avg (Jan–Jun) 1840.8785
H2 Avg (Jul–Dec) 1805.4384

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 81.3796 SYP (High: 1848.3156 / Low: 1766.9360). On the other end, March was the most stable month, with a tight range of 18.5020 SYP (High: 1857.1544 / Low: 1838.6524).

November Spread (Volatile) ±81.3796
March Spread (Stable) ±18.5020

Growth Streaks & Declines

Trends

Between October and December, 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 36.2510 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -36.2510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1858.1467) against the same month in 2021 (average: 1842.7898), the exchange rate shifted by +15.3569 (+0.83%).

2022 Avg (December) 1858.1467
2021 Avg (December) 1842.7898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1868.9086 1846.0691 1859.9040
February 1871.6936 1848.2058 1864.3272
March 1857.1544 1838.6524 1848.6701
April 1852.4076 1812.0808 1839.4584
May 1838.0663 1799.2157 1818.3373
June 1833.2944 1802.4017 1814.5742
July 1821.2124 1784.7741 1801.8853
August 1834.0545 1796.3259 1814.7314
September 1800.0219 1746.3138 1778.4805
October 1790.6162 1746.4935 1764.8480
November 1848.3156 1766.9360 1814.5384
December 1874.2028 1846.7696 1858.1467