YEARLY HIGH
0.0123 SGD
YEARLY LOW
0.0118 SGD
YEARLY AVERAGE
0.0121 SGD

2024 XPF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0123. Conversely, the yearly low was recorded on November 22, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0006 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0119, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0123 was down 1.15% compared to the 2023 peak of 0.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 SGD
2023 Average 61 SGD
Yearly Trough Low 59 SGD
Transaction Impact: A difference of 2.80 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0123
0.0118
JanuMarcMayJulySeptNove

XPF 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 0.0122, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0122
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 SGD (High: 0.0121 / Low: 0.0118). On the other end, December was the most stable month, with a tight range of 0.0001 SGD (High: 0.0119 / Low: 0.0118).

November Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0122) against the same month in 2023 (average: 0.0122), the exchange rate shifted by +0.0000 (+0.20%).

2024 Avg (May) 0.0122
2023 Avg (May) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0123 0.0121 0.0122
February 0.0122 0.0121 0.0122
March 0.0123 0.0122 0.0122
April 0.0123 0.0121 0.0122
May 0.0123 0.0122 0.0122
June 0.0123 0.0121 0.0122
July 0.0123 0.0121 0.0122
August 0.0122 0.0121 0.0122
September 0.0121 0.0120 0.0121
October 0.0120 0.0119 0.0120
November 0.0121 0.0118 0.0119
December 0.0119 0.0118 0.0119