YEARLY HIGH
0.4882 SGD
YEARLY LOW
0.4571 SGD
YEARLY AVERAGE
0.4773 SGD

2024 WST to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4882. Conversely, the yearly low was recorded on September 28, dropping to 0.4571.

This high-to-low spread represents a total annual volatility of 0.0311 SGD. From a start-to-finish perspective, comparing the January average rate of 0.4771 to the December average rate of 0.4825, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4882 was down 3.38% compared to the 2023 peak of 0.5053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,441 SGD
2023 Average 2,458 SGD
Yearly Trough Low 2,286 SGD
Transaction Impact: A difference of 155.29 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4870
0.4605
JanuMarcMayJulySeptNove

WST 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 0.4811, compared to 0.4735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.4811
H2 Avg (Jul–Dec) 0.4735

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0128 SGD (High: 0.4774 / Low: 0.4646). On the other end, June was the most stable month, with a tight range of 0.0048 SGD (High: 0.4853 / Low: 0.4805).

August Spread (Volatile) ±0.0128
June Spread (Stable) ±0.0048

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 0.0108 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4825) against the same month in 2023 (average: 0.4755), the exchange rate shifted by +0.0070 (+1.48%).

2024 Avg (December) 0.4825
2023 Avg (December) 0.4755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4801 0.4714 0.4771
February 0.4825 0.4774 0.4804
March 0.4822 0.4751 0.4791
April 0.4876 0.4803 0.4848
May 0.4859 0.4799 0.4824
June 0.4853 0.4805 0.4830
July 0.4849 0.4772 0.4806
August 0.4774 0.4646 0.4698
September 0.4668 0.4571 0.4627
October 0.4727 0.4601 0.4681
November 0.4817 0.4691 0.4772
December 0.4882 0.4780 0.4825