2022 SGD to TWD Historical Review

YEARLY HIGH

22.8726 TWD

YEARLY LOW

20.2982 TWD

YEARLY AVERAGE

21.5925 TWD

2022 SGD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 22.8726. Conversely, the yearly low was recorded on January 6, dropping to 20.2982.

This high-to-low spread represents a total annual volatility of 2.5744 TWD. From a start-to-finish perspective, comparing the January average rate of 20.4727 to the December average rate of 22.6992, the exchange rate registered a net change of 10.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 22.8726 was up 7.41% compared to the 2021 peak of 21.2938, 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 114,363 TWD

2021 Average 103,870 TWD

Yearly Trough Low 101,491 TWD

Transaction Impact: A difference of 12,871.85 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

22.9219

20.2500

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 21.0175, compared to 22.1675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1500 points.

H1 Avg (Jan–Jun) 21.0175

H2 Avg (Jul–Dec) 22.1675

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.7518 TWD (High: 22.7980 / Low: 22.0462). On the other end, February was the most stable month, with a tight range of 0.1556 TWD (High: 20.7373 / Low: 20.5818).

October Spread (Volatile) ±0.7518

February Spread (Stable) ±0.1556

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0238 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 22.6992) against the same month in 2021 (average: 20.3248), the exchange rate shifted by +2.3744 (+11.68%).

2022 Avg (December) 22.6992

2021 Avg (December) 20.3248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6186	20.2982	20.4727
February	20.7373	20.5818	20.6821
March	21.1663	20.6526	20.9050
April	21.4674	21.0837	21.2833
May	21.5567	21.1798	21.3929
June	21.4913	21.1936	21.3691
July	21.7390	21.1784	21.4130
August	21.9155	21.5732	21.7324
September	22.2584	21.8059	22.0861
October	22.7980	22.0462	22.4415
November	22.8253	22.4411	22.6329
December	22.8726	22.5434	22.6992