2024 XCD to SGD Historical Review

YEARLY HIGH

0.5058 SGD

YEARLY LOW

0.4736 SGD

YEARLY AVERAGE

0.4945 SGD

2024 XCD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5058. Conversely, the yearly low was recorded on September 28, dropping to 0.4736.

This high-to-low spread represents a total annual volatility of 0.0322 SGD. From a start-to-finish perspective, comparing the January average rate of 0.4943 to the December average rate of 0.4999, 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 0.5058 was down 0.49% compared to the 2023 peak of 0.5082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,529 SGD

2023 Average 2,485 SGD

Yearly Trough Low 2,368 SGD

Transaction Impact: A difference of 160.89 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5045

0.4771

JanuMarcMayJulySeptNove

XCD 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 0.4985, compared to 0.4906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.4985

H2 Avg (Jul–Dec) 0.4906

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0133 SGD (High: 0.4946 / Low: 0.4813). On the other end, June was the most stable month, with a tight range of 0.0050 SGD (High: 0.5028 / Low: 0.4978).

August Spread (Volatile) ±0.0133

June Spread (Stable) ±0.0050

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 0.0112 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4999) against the same month in 2023 (average: 0.4926), the exchange rate shifted by +0.0073 (+1.48%).

2024 Avg (December) 0.4999

2023 Avg (December) 0.4926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4974	0.4884	0.4943
February	0.4999	0.4946	0.4977
March	0.4995	0.4922	0.4963
April	0.5052	0.4976	0.5023
May	0.5034	0.4972	0.4998
June	0.5028	0.4978	0.5005
July	0.5024	0.4944	0.4980
August	0.4946	0.4813	0.4868
September	0.4837	0.4736	0.4794
October	0.4898	0.4767	0.4850
November	0.4991	0.4861	0.4944
December	0.5058	0.4953	0.4999