2018 SGD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SGD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SGD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 1358.9390. Conversely, the yearly low was recorded on October 6, dropping to 1279.9383.
This high-to-low spread represents a total annual volatility of 79.0007 BIF. From a start-to-finish perspective, comparing the January average rate of 1334.0291 to the December average rate of 1318.3714, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 1358.9390 was up 3.37% compared to the 2017 peak of 1314.5988, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SGD to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1333.1352, compared to 1302.8862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.2491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 44.6529 BIF (High: 1337.4280 / Low: 1292.7750). On the other end, February was the most stable month, with a tight range of 20.8663 BIF (High: 1346.5126 / Low: 1325.6463).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 23.4527 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 1346.3576) against the same month in 2017 (average: 1213.7755), the exchange rate shifted by +132.5820 (+10.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1355.5020 | 1311.5956 | 1334.0291 |
| February | 1346.5126 | 1325.6463 | 1337.1794 |
| March | 1358.3618 | 1332.7960 | 1343.0429 |
| April | 1358.9390 | 1330.3148 | 1346.3576 |
| May | 1336.3731 | 1308.9365 | 1322.9049 |
| June | 1337.4280 | 1292.7750 | 1315.2974 |
| July | 1315.1138 | 1291.4026 | 1299.7934 |
| August | 1307.2776 | 1282.0140 | 1296.9842 |
| September | 1308.7451 | 1285.0788 | 1294.9246 |
| October | 1315.2193 | 1279.9383 | 1298.3750 |
| November | 1324.0977 | 1286.6723 | 1308.8683 |
| December | 1331.1249 | 1302.1671 | 1318.3714 |