YEARLY HIGH
1513.2218 CDF
YEARLY LOW
1451.0988 CDF
YEARLY AVERAGE
1481.8846 CDF

2021 SGD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 1513.2218. Conversely, the yearly low was recorded on December 7, dropping to 1451.0988.

This high-to-low spread represents a total annual volatility of 62.1230 CDF. From a start-to-finish perspective, comparing the January average rate of 1488.1877 to the December average rate of 1467.2849, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1513.2218 was up 1.48% compared to the 2020 peak of 1491.0921, 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 7,566,109 CDF
2020 Average 6,716,128 CDF
Yearly Trough Low 7,255,494 CDF
Transaction Impact: A difference of 310,614.78 CDF purely based on transaction execution date.

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1504.8486
1463.8700
JanuMarcMayJulySeptNove

SGD to CDF 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 1490.6951, compared to 1473.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.6210 points.

H1 Avg (Jan–Jun) 1490.6951
H2 Avg (Jul–Dec) 1473.0741

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 33.7193 CDF (High: 1484.8182 / Low: 1451.0988). On the other end, January was the most stable month, with a tight range of 19.2619 CDF (High: 1500.1309 / Low: 1480.8690).

December Spread (Volatile) Âą33.7193
January Spread (Stable) Âą19.2619

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 June and July, when the average rate fell by 22.0095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -22.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1501.4337) against the same month in 2020 (average: 1259.3269), the exchange rate shifted by +242.1068 (+19.23%).

2021 Avg (May) 1501.4337
2020 Avg (May) 1259.3269

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Month High Low Average
January 1500.1309 1480.8690 1488.1877
February 1504.5873 1480.4429 1491.5626
March 1494.3464 1463.1761 1480.2830
April 1504.6658 1476.0131 1490.1822
May 1513.2218 1491.8783 1501.4337
June 1507.3165 1475.3836 1492.5214
July 1482.9207 1459.0462 1470.5119
August 1476.4291 1456.1786 1467.6088
September 1486.1570 1465.3164 1477.4985
October 1491.6521 1459.0106 1478.8845
November 1490.0111 1461.5535 1476.6561
December 1484.8182 1451.0988 1467.2849