YEARLY HIGH
11.2714 SZL
YEARLY LOW
8.7845 SZL
YEARLY AVERAGE
9.7993 SZL

2018 SGD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 11.2714. Conversely, the yearly low was recorded on February 26, dropping to 8.7845.

This high-to-low spread represents a total annual volatility of 2.4870 SZL. From a start-to-finish perspective, comparing the January average rate of 9.2294 to the December average rate of 10.3846, the exchange rate registered a net change of 12.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.2714 was up 5.72% compared to the 2017 peak of 10.6615, 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 56,357 SZL
2017 Average 48,227 SZL
Yearly Trough Low 43,922 SZL
Transaction Impact: A difference of 12,434.92 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.9312
8.7962
JanuMarcMayJulySeptNove

SGD to SZL 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 9.2662, compared to 10.3324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0662 points.

H1 Avg (Jan–Jun) 9.2662
H2 Avg (Jul–Dec) 10.3324

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.9693 SZL (High: 10.6737 / Low: 9.7044). On the other end, March was the most stable month, with a tight range of 0.2457 SZL (High: 9.1433 / Low: 8.8976).

August Spread (Volatile) ±0.9693
March Spread (Stable) ±0.2457

Growth Streaks & Declines

Trends

Between February and September, 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 October and November, when the average rate fell by 0.2755 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 10.7533) against the same month in 2017 (average: 9.7365), the exchange rate shifted by +1.0168 (+10.44%).

2018 Avg (September) 10.7533
2017 Avg (September) 9.7365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3962 9.0441 9.2294
February 9.1593 8.7845 8.9741
March 9.1433 8.8976 9.0082
April 9.3793 9.0050 9.1879
May 9.5201 9.1847 9.3648
June 10.1446 9.4132 9.8329
July 10.1170 9.6231 9.8408
August 10.6737 9.7044 10.2409
September 11.2714 10.3248 10.7533
October 10.7623 10.3071 10.5252
November 10.5655 10.0022 10.2497
December 10.6062 9.9761 10.3846