2024 BBD to SGD Historical Review

YEARLY HIGH

0.6834 SGD

YEARLY LOW

0.6400 SGD

YEARLY AVERAGE

0.6682 SGD

2024 BBD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6834. Conversely, the yearly low was recorded on September 28, dropping to 0.6400.

This high-to-low spread represents a total annual volatility of 0.0435 SGD. From a start-to-finish perspective, comparing the January average rate of 0.6679 to the December average rate of 0.6755, 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 0.6834 was down 0.49% compared to the 2023 peak of 0.6868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,417 SGD

2023 Average 3,357 SGD

Yearly Trough Low 3,200 SGD

Transaction Impact: A difference of 217.41 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6818

0.6447

JanuMarcMayJulySeptNove

BBD 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 0.6736, compared to 0.6629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.6736

H2 Avg (Jul–Dec) 0.6629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0180 SGD (High: 0.6684 / Low: 0.6504). On the other end, June was the most stable month, with a tight range of 0.0067 SGD (High: 0.6794 / Low: 0.6727).

August Spread (Volatile) ±0.0180

June Spread (Stable) ±0.0067

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 0.0151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6755) against the same month in 2023 (average: 0.6657), the exchange rate shifted by +0.0099 (+1.48%).

2024 Avg (December) 0.6755

2023 Avg (December) 0.6657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6722	0.6599	0.6679
February	0.6755	0.6683	0.6726
March	0.6750	0.6652	0.6707
April	0.6827	0.6724	0.6787
May	0.6803	0.6718	0.6754
June	0.6794	0.6727	0.6763
July	0.6789	0.6681	0.6729
August	0.6684	0.6504	0.6578
September	0.6536	0.6400	0.6478
October	0.6618	0.6441	0.6553
November	0.6744	0.6568	0.6681
December	0.6834	0.6692	0.6755