2024 BOB to SGD Historical Review

YEARLY HIGH

0.1978 SGD

YEARLY LOW

0.1852 SGD

YEARLY AVERAGE

0.1933 SGD

2024 BOB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1978. Conversely, the yearly low was recorded on September 28, dropping to 0.1852.

This high-to-low spread represents a total annual volatility of 0.0125 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1934 to the December average rate of 0.1955, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1978 was down 0.67% compared to the 2023 peak of 0.1991, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 989 SGD

2023 Average 972 SGD

Yearly Trough Low 926 SGD

Transaction Impact: A difference of 62.71 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1970

0.1865

JanuMarcMayJulySeptNove

BOB 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 0.1949, compared to 0.1918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1949

H2 Avg (Jul–Dec) 0.1918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0056 SGD (High: 0.1936 / Low: 0.1880). On the other end, June was the most stable month, with a tight range of 0.0022 SGD (High: 0.1966 / Low: 0.1945).

August Spread (Volatile) ±0.0056

June Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1955) against the same month in 2023 (average: 0.1925), the exchange rate shifted by +0.0031 (+1.59%).

2024 Avg (December) 0.1955

2023 Avg (December) 0.1925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1946	0.1905	0.1934
February	0.1955	0.1927	0.1946
March	0.1962	0.1921	0.1941
April	0.1975	0.1946	0.1961
May	0.1969	0.1945	0.1955
June	0.1966	0.1945	0.1957
July	0.1965	0.1934	0.1948
August	0.1936	0.1880	0.1905
September	0.1892	0.1852	0.1874
October	0.1915	0.1866	0.1894
November	0.1953	0.1900	0.1931
December	0.1978	0.1936	0.1955