2023 SGD to XPF Historical Review

YEARLY HIGH

84.2929 XPF

YEARLY LOW

80.2703 XPF

YEARLY AVERAGE

82.1238 XPF

2023 SGD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 84.2929. Conversely, the yearly low was recorded on May 6, dropping to 80.2703.

This high-to-low spread represents a total annual volatility of 4.0226 XPF. From a start-to-finish perspective, comparing the January average rate of 83.5120 to the December average rate of 82.0591, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 84.2929 was down 2.48% compared to the 2022 peak of 86.4342, 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 421,464 XPF

2022 Average 411,419 XPF

Yearly Trough Low 401,351 XPF

Transaction Impact: A difference of 20,112.78 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

83.9264

80.5558

JanuMarcMayJulySeptNove

SGD to XPF 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 82.5583, compared to 81.6893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8690 points.

H1 Avg (Jan–Jun) 82.5583

H2 Avg (Jul–Dec) 81.6893

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 2.4898 XPF (High: 82.7937 / Low: 80.3039). On the other end, August was the most stable month, with a tight range of 1.0162 XPF (High: 81.5308 / Low: 80.5146).

April Spread (Volatile) ±2.4898

August Spread (Stable) ±1.0162

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 1.5275 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 83.5120) against the same month in 2022 (average: 78.0395), the exchange rate shifted by +5.4724 (+7.01%).

2023 Avg (January) 83.5120

2022 Avg (January) 78.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	84.2929	83.0398	83.5120
February	84.0332	83.0099	83.6455
March	83.5887	82.4054	83.0593
April	82.7937	80.3039	81.5319
May	82.5698	80.2703	81.8605
June	82.7722	80.6935	81.7406
July	81.6692	80.3243	80.8367
August	81.5308	80.5146	80.9620
September	82.7381	81.5560	81.9680
October	82.9856	81.8210	82.5064
November	82.4953	81.3009	81.8036
December	82.6357	81.4005	82.0591