2020 BND to SGD Historical Review

YEARLY HIGH

1.0139 SGD

YEARLY LOW

0.9929 SGD

YEARLY AVERAGE

1.0001 SGD

2020 BND to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 1.0139. Conversely, the yearly low was recorded on April 11, dropping to 0.9929.

This high-to-low spread represents a total annual volatility of 0.0209 SGD. From a start-to-finish perspective, comparing the January average rate of 1.0000 to the December average rate of 0.9998, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0139 was down 1.60% compared to the 2019 peak of 1.0304, 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 5,069 SGD

2019 Average 4,972 SGD

Yearly Trough Low 4,965 SGD

Transaction Impact: A difference of 104.69 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0012

0.9993

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 1.0003, compared to 0.9999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.0003

H2 Avg (Jul–Dec) 0.9999

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0195 SGD (High: 1.0139 / Low: 0.9944). On the other end, October was the most stable month, with a tight range of 0.0044 SGD (High: 1.0025 / Low: 0.9981).

May Spread (Volatile) ±0.0195

October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and March, 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 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 1.0010) against the same month in 2019 (average: 1.0143), the exchange rate shifted by -0.0133 (-1.31%).

2020 Avg (May) 1.0010

2019 Avg (May) 1.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0023	0.9948	1.0000
February	1.0074	0.9976	1.0000
March	1.0078	0.9938	1.0005
April	1.0040	0.9929	0.9995
May	1.0139	0.9944	1.0010
June	1.0050	0.9944	1.0004
July	1.0019	0.9956	0.9994
August	1.0049	0.9951	0.9998
September	1.0053	0.9965	1.0007
October	1.0025	0.9981	1.0003
November	1.0032	0.9938	0.9994
December	1.0030	0.9968	0.9998