2023 XDR to SGD Historical Review

YEARLY HIGH

1.8280 SGD

YEARLY LOW

1.7602 SGD

YEARLY AVERAGE

1.7922 SGD

2023 XDR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.8280. Conversely, the yearly low was recorded on February 1, dropping to 1.7602.

This high-to-low spread represents a total annual volatility of 0.0678 SGD. From a start-to-finish perspective, comparing the January average rate of 1.7796 to the December average rate of 1.7756, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8280 was down 9.57% compared to the 2022 peak of 2.0214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,140 SGD

2022 Average 9,453 SGD

Yearly Trough Low 8,801 SGD

Transaction Impact: A difference of 338.82 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8064

1.7727

JanuMarcMayJulySeptNove

XDR 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 1.7918, compared to 1.7927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 1.7918

H2 Avg (Jul–Dec) 1.7927

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0478 SGD (High: 1.8280 / Low: 1.7802). On the other end, October was the most stable month, with a tight range of 0.0185 SGD (High: 1.8056 / Low: 1.7871).

April Spread (Volatile) ±0.0478

October Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0151 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.7978) against the same month in 2022 (average: 1.8907), the exchange rate shifted by -0.0929 (-4.91%).

2023 Avg (April) 1.7978

2022 Avg (April) 1.8907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7970	1.7650	1.7796
February	1.7979	1.7602	1.7854
March	1.8057	1.7745	1.7892
April	1.8280	1.7802	1.7978
May	1.8132	1.7861	1.8017
June	1.8239	1.7811	1.7969
July	1.8152	1.7744	1.7940
August	1.8168	1.7894	1.8036
September	1.8167	1.7874	1.8024
October	1.8056	1.7871	1.7977
November	1.7955	1.7718	1.7826
December	1.7873	1.7608	1.7756