2024 SGD to UYU Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SGD to UYU Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SGD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 33.0100. Conversely, the yearly low was recorded on April 1, dropping to 27.7686.
This high-to-low spread represents a total annual volatility of 5.2414 UYU. From a start-to-finish perspective, comparing the January average rate of 29.3245 to the December average rate of 32.5507, the exchange rate registered a net change of 11.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 33.0100 was up 9.67% compared to the 2023 peak of 30.0990, 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 2024.
SGD to UYU 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 28.8105, compared to 31.3532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5427 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 2.0016 UYU (High: 32.8513 / Low: 30.8497). On the other end, February was the most stable month, with a tight range of 0.3990 UYU (High: 29.3137 / Low: 28.9147).
Growth Streaks & Declines
TrendsBetween April and October, 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 February and March, when the average rate fell by 0.4076 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 32.5507) against the same month in 2023 (average: 29.5003), the exchange rate shifted by +3.0504 (+10.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.6362 | 28.8934 | 29.3245 |
| February | 29.3137 | 28.9147 | 29.0871 |
| March | 29.2408 | 27.8047 | 28.6794 |
| April | 28.6506 | 27.7686 | 28.3055 |
| May | 28.7865 | 28.1715 | 28.4917 |
| June | 29.3175 | 28.6158 | 28.9748 |
| July | 30.1194 | 29.4634 | 29.8483 |
| August | 31.0319 | 30.1194 | 30.6607 |
| September | 32.8513 | 30.8497 | 31.6255 |
| October | 32.4191 | 30.9801 | 31.7390 |
| November | 32.1148 | 31.1790 | 31.6952 |
| December | 33.0100 | 31.9580 | 32.5507 |