2021 BGN to SGD Historical Review

YEARLY HIGH

0.8322 SGD

YEARLY LOW

0.7827 SGD

YEARLY AVERAGE

0.8127 SGD

2021 BGN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.8322. Conversely, the yearly low was recorded on December 30, dropping to 0.7827.

This high-to-low spread represents a total annual volatility of 0.0495 SGD. From a start-to-finish perspective, comparing the January average rate of 0.8253 to the December average rate of 0.7877, the exchange rate registered a net change of -4.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8322 was down 0.21% compared to the 2020 peak of 0.8339, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,161 SGD

2020 Average 4,023 SGD

Yearly Trough Low 3,913 SGD

Transaction Impact: A difference of 247.37 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8291

0.7839

JanuMarcMayJulySeptNove

BGN 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 0.8210, compared to 0.8045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.8210

H2 Avg (Jul–Dec) 0.8045

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0166 SGD (High: 0.8219 / Low: 0.8053). On the other end, February was the most stable month, with a tight range of 0.0083 SGD (High: 0.8268 / Low: 0.8185).

March Spread (Volatile) ±0.0166

February Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0105 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.8254) against the same month in 2020 (average: 0.7913), the exchange rate shifted by +0.0341 (+4.31%).

2021 Avg (May) 0.8254

2020 Avg (May) 0.7913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8307	0.8193	0.8253
February	0.8268	0.8185	0.8213
March	0.8219	0.8053	0.8167
April	0.8209	0.8058	0.8162
May	0.8322	0.8171	0.8254
June	0.8269	0.8148	0.8209
July	0.8231	0.8137	0.8192
August	0.8216	0.8112	0.8152
September	0.8154	0.8042	0.8117
October	0.8061	0.7972	0.8012
November	0.7999	0.7838	0.7918
December	0.7914	0.7827	0.7877