2021 BND to SGD Historical Review

YEARLY HIGH

1.0110 SGD

YEARLY LOW

0.9943 SGD

YEARLY AVERAGE

1.0001 SGD

2021 BND to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1.0110. Conversely, the yearly low was recorded on March 17, dropping to 0.9943.

This high-to-low spread represents a total annual volatility of 0.0167 SGD. From a start-to-finish perspective, comparing the January average rate of 0.9995 to the December average rate of 1.0001, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0110 was down 0.28% compared to the 2020 peak of 1.0139, 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 5,055 SGD

2020 Average 5,000 SGD

Yearly Trough Low 4,971 SGD

Transaction Impact: A difference of 83.66 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0007

0.9994

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 1.0001, compared to 1.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.0001

H2 Avg (Jul–Dec) 1.0002

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0146 SGD (High: 1.0110 / Low: 0.9964). On the other end, October was the most stable month, with a tight range of 0.0045 SGD (High: 1.0025 / Low: 0.9980).

February Spread (Volatile) ±0.0146

October Spread (Stable) ±0.0045

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 March and April, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.0002) against the same month in 2020 (average: 1.0000), the exchange rate shifted by +0.0002 (+0.02%).

2021 Avg (February) 1.0002

2020 Avg (February) 1.0000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0030	0.9945	0.9995
February	1.0110	0.9964	1.0002
March	1.0083	0.9943	1.0006
April	1.0035	0.9951	0.9998
May	1.0037	0.9950	0.9998
June	1.0074	0.9968	1.0004
July	1.0046	0.9975	1.0006
August	1.0027	0.9959	0.9999
September	1.0030	0.9976	1.0003
October	1.0025	0.9980	1.0003
November	1.0031	0.9965	0.9999
December	1.0029	0.9946	1.0001