2024 UYU to SGD Historical Review

YEARLY HIGH

0.0360 SGD

YEARLY LOW

0.0303 SGD

YEARLY AVERAGE

0.0333 SGD

2024 UYU to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.0360. Conversely, the yearly low was recorded on December 20, dropping to 0.0303.

This high-to-low spread represents a total annual volatility of 0.0057 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0341 to the December average rate of 0.0307, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0360 was down 0.36% compared to the 2023 peak of 0.0361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 180 SGD

2023 Average 173 SGD

Yearly Trough Low 151 SGD

Transaction Impact: A difference of 28.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0358

0.0303

JanuMarcMayJulySeptNove

UYU 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 0.0347, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0347

H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0020 SGD (High: 0.0324 / Low: 0.0304). On the other end, February was the most stable month, with a tight range of 0.0005 SGD (High: 0.0346 / Low: 0.0341).

September Spread (Volatile) ±0.0020

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0353) against the same month in 2023 (average: 0.0344), the exchange rate shifted by +0.0010 (+2.84%).

2024 Avg (April) 0.0353

2023 Avg (April) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0346	0.0337	0.0341
February	0.0346	0.0341	0.0344
March	0.0360	0.0342	0.0349
April	0.0360	0.0349	0.0353
May	0.0355	0.0347	0.0351
June	0.0349	0.0341	0.0345
July	0.0339	0.0332	0.0335
August	0.0332	0.0322	0.0326
September	0.0324	0.0304	0.0316
October	0.0323	0.0308	0.0315
November	0.0321	0.0311	0.0316
December	0.0313	0.0303	0.0307