YEARLY HIGH
0.1138 SGD
YEARLY LOW
0.0887 SGD
YEARLY AVERAGE
0.1025 SGD

2018 SZL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1138. Conversely, the yearly low was recorded on September 5, dropping to 0.0887.

This high-to-low spread represents a total annual volatility of 0.0251 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1084 to the December average rate of 0.0963, the exchange rate registered a net change of -11.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1138 was up 1.62% compared to the 2017 peak of 0.1120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 569 SGD
2017 Average 519 SGD
Yearly Trough Low 444 SGD
Transaction Impact: A difference of 125.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1133
0.0912
JanuMarcMayJulySeptNove

SZL 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 0.1080, compared to 0.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.1080
H2 Avg (Jul–Dec) 0.0969

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0094 SGD (High: 0.1030 / Low: 0.0937). On the other end, March was the most stable month, with a tight range of 0.0030 SGD (High: 0.1124 / Low: 0.1094).

August Spread (Volatile) ±0.0094
March Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1115) against the same month in 2017 (average: 0.1071), the exchange rate shifted by +0.0043 (+4.04%).

2018 Avg (February) 0.1115
2017 Avg (February) 0.1071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1106 0.1064 0.1084
February 0.1138 0.1092 0.1115
March 0.1124 0.1094 0.1110
April 0.1110 0.1066 0.1089
May 0.1089 0.1050 0.1068
June 0.1062 0.0986 0.1018
July 0.1039 0.0988 0.1016
August 0.1030 0.0937 0.0978
September 0.0969 0.0887 0.0930
October 0.0970 0.0929 0.0950
November 0.1000 0.0946 0.0976
December 0.1002 0.0943 0.0963