YEARLY HIGH
1.0112 SGD
YEARLY LOW
0.8648 SGD
YEARLY AVERAGE
0.9613 SGD

2018 BND to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 1.0112. Conversely, the yearly low was recorded on December 31, dropping to 0.8648.

This high-to-low spread represents a total annual volatility of 0.1463 SGD. From a start-to-finish perspective, comparing the January average rate of 1.0000 to the December average rate of 0.8740, the exchange rate registered a net change of -12.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0112 was up 0.44% compared to the 2017 peak of 1.0068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,056 SGD
2017 Average 5,000 SGD
Yearly Trough Low 4,324 SGD
Transaction Impact: A difference of 731.63 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0126
0.8614
JanuMarcMayJulySeptNove

BND 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 0.9888, compared to 0.9339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 0.9888
H2 Avg (Jul–Dec) 0.9339

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1364 SGD (High: 1.0056 / Low: 0.8691). On the other end, February was the most stable month, with a tight range of 0.0061 SGD (High: 1.0032 / Low: 0.9971).

November Spread (Volatile) ±0.1364
February Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0751 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.9420) against the same month in 2017 (average: 1.0004), the exchange rate shifted by -0.0584 (-5.84%).

2018 Avg (June) 0.9420
2017 Avg (June) 1.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0058 0.9960 1.0000
February 1.0032 0.9971 1.0000
March 1.0023 0.9960 0.9998
April 1.0033 0.9907 0.9995
May 1.0106 0.9151 0.9914
June 1.0112 0.8836 0.9420
July 1.0108 0.8986 0.9627
August 1.0002 0.9014 0.9093
September 1.0016 0.9027 0.9286
October 1.0039 0.9727 0.9797
November 1.0056 0.8691 0.9491
December 0.9937 0.8648 0.8740