2024 BAM to SGD Historical Review

YEARLY HIGH

0.7523 SGD

YEARLY LOW

0.7156 SGD

YEARLY AVERAGE

0.7394 SGD

2024 BAM to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.7523. Conversely, the yearly low was recorded on November 24, dropping to 0.7156.

This high-to-low spread represents a total annual volatility of 0.0367 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7455 to the December average rate of 0.7240, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7523 was down 1.31% compared to the 2023 peak of 0.7623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,762 SGD

2023 Average 3,714 SGD

Yearly Trough Low 3,578 SGD

Transaction Impact: A difference of 183.62 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7489

0.7217

JanuMarcMayJulySeptNove

BAM 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 0.7449, compared to 0.7340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.7449

H2 Avg (Jul–Dec) 0.7340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0222 SGD (High: 0.7377 / Low: 0.7156). On the other end, January was the most stable month, with a tight range of 0.0063 SGD (High: 0.7480 / Low: 0.7417).

November Spread (Volatile) ±0.0222

January Spread (Stable) ±0.0063

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 July and August, when the average rate fell by 0.0062 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.7443) against the same month in 2023 (average: 0.7460), the exchange rate shifted by -0.0017 (-0.22%).

2024 Avg (June) 0.7443

2023 Avg (June) 0.7460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7480	0.7417	0.7455
February	0.7478	0.7373	0.7427
March	0.7497	0.7421	0.7454
April	0.7518	0.7406	0.7449
May	0.7512	0.7407	0.7464
June	0.7523	0.7402	0.7443
July	0.7511	0.7404	0.7466
August	0.7461	0.7348	0.7404
September	0.7403	0.7294	0.7361
October	0.7329	0.7264	0.7303
November	0.7377	0.7156	0.7265
December	0.7316	0.7194	0.7240