2024 SBD to SGD Historical Review

YEARLY HIGH

0.1630 SGD

YEARLY LOW

0.1523 SGD

YEARLY AVERAGE

0.1587 SGD

2024 SBD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1630. Conversely, the yearly low was recorded on March 12, dropping to 0.1523.

This high-to-low spread represents a total annual volatility of 0.0107 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1586 to the December average rate of 0.1612, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1630 was down 0.90% compared to the 2023 peak of 0.1645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 815 SGD

2023 Average 805 SGD

Yearly Trough Low 762 SGD

Transaction Impact: A difference of 53.58 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1619

0.1545

JanuMarcMayJulySeptNove

SBD 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 0.1592, compared to 0.1581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1592

H2 Avg (Jul–Dec) 0.1581

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0074 SGD (High: 0.1598 / Low: 0.1523). On the other end, February was the most stable month, with a tight range of 0.0022 SGD (High: 0.1601 / Low: 0.1579).

March Spread (Volatile) ±0.0074

February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0041 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1612) against the same month in 2023 (average: 0.1574), the exchange rate shifted by +0.0038 (+2.43%).

2024 Avg (December) 0.1612

2023 Avg (December) 0.1574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1606	0.1566	0.1586
February	0.1601	0.1579	0.1591
March	0.1598	0.1523	0.1584
April	0.1613	0.1584	0.1601
May	0.1604	0.1579	0.1592
June	0.1610	0.1586	0.1598
July	0.1609	0.1583	0.1593
August	0.1577	0.1527	0.1551
September	0.1565	0.1541	0.1553
October	0.1597	0.1554	0.1578
November	0.1612	0.1582	0.1598
December	0.1630	0.1599	0.1612