2022 BGN to SGD Historical Review

YEARLY HIGH

0.7885 SGD

YEARLY LOW

0.7051 SGD

YEARLY AVERAGE

0.7424 SGD

2022 BGN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.7885. Conversely, the yearly low was recorded on September 27, dropping to 0.7051.

This high-to-low spread represents a total annual volatility of 0.0834 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7818 to the December average rate of 0.7316, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7885 was down 5.25% compared to the 2021 peak of 0.8322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,942 SGD

2021 Average 4,063 SGD

Yearly Trough Low 3,525 SGD

Transaction Impact: A difference of 416.94 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7883

0.7094

JanuMarcMayJulySeptNove

BGN 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 0.7631, compared to 0.7217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 0.7631

H2 Avg (Jul–Dec) 0.7217

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0254 SGD (High: 0.7339 / Low: 0.7085). On the other end, February was the most stable month, with a tight range of 0.0108 SGD (High: 0.7868 / Low: 0.7760).

November Spread (Volatile) ±0.0254

February Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.7818) against the same month in 2021 (average: 0.8253), the exchange rate shifted by -0.0435 (-5.27%).

2022 Avg (January) 0.7818

2021 Avg (January) 0.8253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7885	0.7708	0.7818
February	0.7868	0.7760	0.7818
March	0.7725	0.7561	0.7647
April	0.7663	0.7443	0.7555
May	0.7537	0.7397	0.7469
June	0.7555	0.7403	0.7482
July	0.7432	0.7187	0.7266
August	0.7235	0.7082	0.7162
September	0.7230	0.7051	0.7161
October	0.7259	0.7087	0.7160
November	0.7339	0.7085	0.7239
December	0.7392	0.7213	0.7316