YEARLY HIGH
90.4302 VUV
YEARLY LOW
86.4352 VUV
YEARLY AVERAGE
88.3545 VUV

2023 SGD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 90.4302. Conversely, the yearly low was recorded on October 2, dropping to 86.4352.

This high-to-low spread represents a total annual volatility of 3.9950 VUV. From a start-to-finish perspective, comparing the January average rate of 89.1180 to the December average rate of 89.1752, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 90.4302 was up 0.12% compared to the 2022 peak of 90.3212, 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 452,151 VUV
2022 Average 423,885 VUV
Yearly Trough Low 432,176 VUV
Transaction Impact: A difference of 19,975.25 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

89.5852
86.4682
JanuMarcMayJulySeptNove

SGD to VUV 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 88.7045, compared to 88.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7000 points.

H1 Avg (Jan–Jun) 88.7045
H2 Avg (Jul–Dec) 88.0045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.9902 VUV (High: 90.4302 / Low: 87.4400). On the other end, October was the most stable month, with a tight range of 0.6900 VUV (High: 87.1252 / Low: 86.4352).

February Spread (Volatile) ±2.9902
October Spread (Stable) ±0.6900

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 July and August, when the average rate fell by 1.2238 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 88.5542) against the same month in 2022 (average: 84.5158), the exchange rate shifted by +4.0384 (+4.78%).

2023 Avg (February) 88.5542
2022 Avg (February) 84.5158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.0000 87.7210 89.1180
February 90.4302 87.4400 88.5542
March 89.4041 87.1485 88.0591
April 89.9837 88.9279 89.3255
May 89.8189 87.8203 88.7968
June 89.0068 87.7222 88.3734
July 90.0742 87.9174 89.1016
August 88.9477 87.2715 87.8778
September 87.7449 86.4747 87.0809
October 87.1252 86.4352 86.7280
November 89.2465 86.8857 88.0636
December 89.9733 88.3414 89.1752