YEARLY HIGH
23.0339 TWD
YEARLY LOW
22.1775 TWD
YEARLY AVERAGE
22.6432 TWD

2019 SGD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 23.0339. Conversely, the yearly low was recorded on December 31, dropping to 22.1775.

This high-to-low spread represents a total annual volatility of 0.8564 TWD. From a start-to-finish perspective, comparing the January average rate of 22.7104 to the December average rate of 22.2949, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 23.0339 was up 2.01% compared to the 2018 peak of 22.5803, 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 115,169 TWD
2018 Average 111,659 TWD
Yearly Trough Low 110,887 TWD
Transaction Impact: A difference of 4,282.01 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.9879
22.2319
JanuMarcMayJulySeptNove

SGD to TWD 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 22.7858, compared to 22.5006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2852 points.

H1 Avg (Jan–Jun) 22.7858
H2 Avg (Jul–Dec) 22.5006

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.4193 TWD (High: 22.8242 / Low: 22.4050). On the other end, April was the most stable month, with a tight range of 0.1209 TWD (High: 22.8190 / Low: 22.6981).

January Spread (Volatile) ±0.4193
April Spread (Stable) ±0.1209

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.1658 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 22.9249) against the same month in 2018 (average: 22.3093), the exchange rate shifted by +0.6156 (+2.76%).

2019 Avg (June) 22.9249
2018 Avg (June) 22.3093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.8242 22.4050 22.7104
February 22.8426 22.6939 22.7559
March 22.8572 22.7306 22.7932
April 22.8190 22.6981 22.7499
May 22.9558 22.6295 22.7807
June 23.0339 22.7885 22.9249
July 22.9403 22.6414 22.8150
August 22.8813 22.4907 22.6492
September 22.6008 22.3952 22.5144
October 22.4539 22.2021 22.3672
November 22.4357 22.2800 22.3632
December 22.4293 22.1775 22.2949