YEARLY HIGH
1.0058 BND
YEARLY LOW
0.9891 BND
YEARLY AVERAGE
0.9999 BND

2021 SGD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.0058. Conversely, the yearly low was recorded on February 27, dropping to 0.9891.

This high-to-low spread represents a total annual volatility of 0.0166 BND. From a start-to-finish perspective, comparing the January average rate of 1.0005 to the December average rate of 0.9999, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0058 was down 0.14% compared to the 2020 peak of 1.0071, 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 5,029 BND
2020 Average 5,000 BND
Yearly Trough Low 4,946 BND
Transaction Impact: A difference of 83.22 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0006
0.9993
JanuMarcMayJulySeptNove

SGD to BND 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 0.9999, compared to 0.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.9999
H2 Avg (Jul–Dec) 0.9998

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0145 BND (High: 1.0036 / Low: 0.9891). On the other end, October was the most stable month, with a tight range of 0.0045 BND (High: 1.0020 / Low: 0.9975).

February Spread (Volatile) ±0.0145
October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.9994) against the same month in 2020 (average: 0.9995), the exchange rate shifted by -0.0001 (-0.01%).

2021 Avg (March) 0.9994
2020 Avg (March) 0.9995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0055 0.9971 1.0005
February 1.0036 0.9891 0.9998
March 1.0058 0.9917 0.9994
April 1.0049 0.9966 1.0002
May 1.0050 0.9963 1.0002
June 1.0032 0.9926 0.9996
July 1.0026 0.9954 0.9994
August 1.0041 0.9973 1.0001
September 1.0025 0.9970 0.9997
October 1.0020 0.9975 0.9997
November 1.0035 0.9969 1.0001
December 1.0054 0.9971 0.9999