2021 SGD to BND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |