2021 AFN to SGD Historical Review

YEARLY HIGH

0.0175 SGD

YEARLY LOW

0.0116 SGD

YEARLY AVERAGE

0.0162 SGD

2021 AFN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0175. Conversely, the yearly low was recorded on December 15, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0059 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0134, the exchange rate registered a net change of -21.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0175 was down 8.84% compared to the 2020 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87 SGD

2020 Average 90 SGD

Yearly Trough Low 58 SGD

Transaction Impact: A difference of 29.37 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0177

0.0130

JanuMarcMayJulySeptNove

AFN to SGD 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 0.0171, compared to 0.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0171

H2 Avg (Jul–Dec) 0.0153

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0027 SGD (High: 0.0143 / Low: 0.0116). On the other end, January was the most stable month, with a tight range of 0.0002 SGD (High: 0.0172 / Low: 0.0170).

December Spread (Volatile) ±0.0027

January Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0173) against the same month in 2020 (average: 0.0186), the exchange rate shifted by -0.0013 (-6.74%).

2021 Avg (March) 0.0173

2020 Avg (March) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0172	0.0170	0.0172
February	0.0173	0.0169	0.0172
March	0.0175	0.0172	0.0173
April	0.0174	0.0170	0.0172
May	0.0172	0.0168	0.0171
June	0.0171	0.0168	0.0170
July	0.0172	0.0165	0.0169
August	0.0170	0.0156	0.0163
September	0.0158	0.0151	0.0155
October	0.0152	0.0148	0.0150
November	0.0149	0.0142	0.0146
December	0.0143	0.0116	0.0134