2024 SGD to BND Historical Review

YEARLY HIGH

1.0072 BND

YEARLY LOW

0.9909 BND

YEARLY AVERAGE

0.9998 BND

2024 SGD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 1.0072. Conversely, the yearly low was recorded on December 18, dropping to 0.9909.

This high-to-low spread represents a total annual volatility of 0.0163 BND. From a start-to-finish perspective, comparing the January average rate of 0.9994 to the December average rate of 0.9992, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0072 was down 0.43% compared to the 2023 peak of 1.0116, 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 5,036 BND

2023 Average 4,999 BND

Yearly Trough Low 4,954 BND

Transaction Impact: A difference of 81.54 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0008

0.9990

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 0.9996, compared to 1.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.9996

H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0117 BND (High: 1.0026 / Low: 0.9909). On the other end, January was the most stable month, with a tight range of 0.0048 BND (High: 1.0024 / Low: 0.9977).

December Spread (Volatile) ±0.0117

January Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.0004) against the same month in 2023 (average: 0.9996), the exchange rate shifted by +0.0008 (+0.08%).

2024 Avg (July) 1.0004

2023 Avg (July) 0.9996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0024	0.9977	0.9994
February	1.0023	0.9937	0.9997
March	1.0040	0.9955	0.9994
April	1.0022	0.9948	0.9991
May	1.0053	0.9968	1.0003
June	1.0032	0.9957	0.9996
July	1.0072	0.9970	1.0004
August	1.0060	0.9952	1.0001
September	1.0057	0.9963	1.0006
October	1.0020	0.9954	0.9997
November	1.0043	0.9949	1.0000
December	1.0026	0.9909	0.9992