YEARLY HIGH
0.6804 SGD
YEARLY LOW
0.6350 SGD
YEARLY AVERAGE
0.6632 SGD

2024 BZD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6804. Conversely, the yearly low was recorded on September 28, dropping to 0.6350.

This high-to-low spread represents a total annual volatility of 0.0454 SGD. From a start-to-finish perspective, comparing the January average rate of 0.6628 to the December average rate of 0.6715, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6804 was down 0.31% compared to the 2023 peak of 0.6826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,402 SGD
2023 Average 3,333 SGD
Yearly Trough Low 3,175 SGD
Transaction Impact: A difference of 227.00 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6768
0.6396
JanuMarcMayJulySeptNove

BZD 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 0.6685, compared to 0.6580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.6685
H2 Avg (Jul–Dec) 0.6580

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0193 SGD (High: 0.6638 / Low: 0.6445). On the other end, June was the most stable month, with a tight range of 0.0073 SGD (High: 0.6740 / Low: 0.6666).

August Spread (Volatile) ±0.0193
June Spread (Stable) ±0.0073

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 0.0146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6715) against the same month in 2023 (average: 0.6598), the exchange rate shifted by +0.0116 (+1.77%).

2024 Avg (December) 0.6715
2023 Avg (December) 0.6598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6670 0.6530 0.6628
February 0.6703 0.6605 0.6672
March 0.6725 0.6598 0.6658
April 0.6774 0.6672 0.6737
May 0.6750 0.6667 0.6704
June 0.6740 0.6666 0.6710
July 0.6736 0.6632 0.6679
August 0.6638 0.6445 0.6532
September 0.6485 0.6350 0.6427
October 0.6566 0.6397 0.6498
November 0.6696 0.6515 0.6628
December 0.6804 0.6636 0.6715