2024 BND to SGD Historical Review

YEARLY HIGH

1.0092 SGD

YEARLY LOW

0.9929 SGD

YEARLY AVERAGE

1.0002 SGD

2024 BND to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.0092. Conversely, the yearly low was recorded on July 31, dropping to 0.9929.

This high-to-low spread represents a total annual volatility of 0.0163 SGD. From a start-to-finish perspective, comparing the January average rate of 1.0006 to the December average rate of 1.0008, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0092 was down 0.38% compared to the 2023 peak of 1.0130, 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 5,046 SGD

2023 Average 5,001 SGD

Yearly Trough Low 4,964 SGD

Transaction Impact: A difference of 81.70 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0010

0.9992

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 1.0004, compared to 1.0000 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) 1.0004

H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0118 SGD (High: 1.0092 / Low: 0.9974). On the other end, January was the most stable month, with a tight range of 0.0048 SGD (High: 1.0023 / Low: 0.9976).

December Spread (Volatile) ±0.0118

January Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0008) against the same month in 2023 (average: 0.9993), the exchange rate shifted by +0.0015 (+0.15%).

2024 Avg (December) 1.0008

2023 Avg (December) 0.9993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0023	0.9976	1.0006
February	1.0064	0.9978	1.0003
March	1.0045	0.9960	1.0006
April	1.0053	0.9978	1.0009
May	1.0032	0.9947	0.9997
June	1.0043	0.9968	1.0004
July	1.0030	0.9929	0.9996
August	1.0048	0.9940	0.9999
September	1.0037	0.9943	0.9994
October	1.0046	0.9980	1.0003
November	1.0051	0.9958	1.0000
December	1.0092	0.9974	1.0008