YEARLY HIGH
0.1562 SGD
YEARLY LOW
0.1463 SGD
YEARLY AVERAGE
0.1528 SGD

2024 SVC to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1562. Conversely, the yearly low was recorded on September 28, dropping to 0.1463.

This high-to-low spread represents a total annual volatility of 0.0099 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1527 to the December average rate of 0.1545, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1562 was down 0.67% compared to the 2023 peak of 0.1572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SVC based on timing:

Yearly Peak High 781 SGD
2023 Average 768 SGD
Yearly Trough Low 732 SGD
Transaction Impact: A difference of 49.49 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1559
0.1473
JanuMarcMayJulySeptNove

SVC to SGD 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 0.1540, compared to 0.1515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1540
H2 Avg (Jul–Dec) 0.1515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0045 SGD (High: 0.1529 / Low: 0.1485). On the other end, June was the most stable month, with a tight range of 0.0017 SGD (High: 0.1553 / Low: 0.1536).

August Spread (Volatile) ±0.0045
June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1545) against the same month in 2023 (average: 0.1520), the exchange rate shifted by +0.0025 (+1.62%).

2024 Avg (December) 0.1545
2023 Avg (December) 0.1520

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1536 0.1504 0.1527
February 0.1544 0.1522 0.1537
March 0.1549 0.1520 0.1534
April 0.1560 0.1537 0.1552
May 0.1555 0.1536 0.1544
June 0.1553 0.1536 0.1546
July 0.1552 0.1528 0.1538
August 0.1529 0.1485 0.1505
September 0.1494 0.1463 0.1480
October 0.1513 0.1473 0.1497
November 0.1543 0.1501 0.1527
December 0.1562 0.1529 0.1545