2024 SGD to XCD Historical Review

YEARLY HIGH

2.1115 XCD

YEARLY LOW

1.9772 XCD

YEARLY AVERAGE

2.0226 XCD

2024 SGD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.1115. Conversely, the yearly low was recorded on December 31, dropping to 1.9772.

This high-to-low spread represents a total annual volatility of 0.1343 XCD. From a start-to-finish perspective, comparing the January average rate of 2.0231 to the December average rate of 2.0004, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1115 was up 1.99% compared to the 2023 peak of 2.0703, 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 10,558 XCD

2023 Average 10,063 XCD

Yearly Trough Low 9,886 XCD

Transaction Impact: A difference of 671.70 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0955

1.9816

JanuMarcMayJulySeptNove

SGD to XCD 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 2.0062, compared to 2.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 2.0062

H2 Avg (Jul–Dec) 2.0390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0561 XCD (High: 2.0978 / Low: 2.0417). On the other end, June was the most stable month, with a tight range of 0.0199 XCD (High: 2.0086 / Low: 1.9888).

October Spread (Volatile) ±0.0561

June Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0395 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.0860) against the same month in 2023 (average: 1.9823), the exchange rate shifted by +0.1037 (+5.23%).

2024 Avg (September) 2.0860

2023 Avg (September) 1.9823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0476	2.0103	2.0231
February	2.0218	2.0003	2.0092
March	2.0315	2.0018	2.0148
April	2.0096	1.9794	1.9911
May	2.0113	1.9864	2.0007
June	2.0086	1.9888	1.9982
July	2.0225	1.9904	2.0082
August	2.0775	2.0217	2.0545
September	2.1115	2.0675	2.0860
October	2.0978	2.0417	2.0621
November	2.0574	2.0037	2.0226
December	2.0191	1.9772	2.0004