2022 SGD to BIF Historical Review

YEARLY HIGH

1539.3047 BIF

YEARLY LOW

1426.4123 BIF

YEARLY AVERAGE

1481.6240 BIF

2022 SGD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1539.3047. Conversely, the yearly low was recorded on October 1, dropping to 1426.4123.

This high-to-low spread represents a total annual volatility of 112.8924 BIF. From a start-to-finish perspective, comparing the January average rate of 1482.3529 to the December average rate of 1528.7553, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1539.3047 was up 3.02% compared to the 2021 peak of 1494.2239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,696,524 BIF

2021 Average 7,346,531 BIF

Yearly Trough Low 7,132,062 BIF

Transaction Impact: A difference of 564,462.08 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1537.0458

1437.5588

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1483.8825, compared to 1479.3654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5171 points.

H1 Avg (Jan–Jun) 1483.8825

H2 Avg (Jul–Dec) 1479.3654

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 67.0347 BIF (High: 1518.8883 / Low: 1451.8536). On the other end, December was the most stable month, with a tight range of 21.3885 BIF (High: 1539.3047 / Low: 1517.9163).

November Spread (Volatile) ±67.0347

December Spread (Stable) ±21.3885

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 30.2863 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -30.2863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1528.7553) against the same month in 2021 (average: 1465.1947), the exchange rate shifted by +63.5605 (+4.34%).

2022 Avg (December) 1528.7553

2021 Avg (December) 1465.1947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1494.6961	1463.9652	1482.3529
February	1498.6644	1464.2339	1489.8960
March	1514.8156	1472.4373	1489.8999
April	1514.9700	1458.2076	1488.5686
May	1503.2355	1457.2067	1472.0642
June	1497.1756	1463.3197	1480.5135
July	1488.6002	1461.4751	1474.4205
August	1500.2414	1468.4888	1484.9307
September	1473.5395	1426.4123	1454.6445
October	1461.9229	1426.4123	1445.8494
November	1518.8883	1451.8536	1487.5924
December	1539.3047	1517.9163	1528.7553