YEARLY HIGH
2974.6929 MGA
YEARLY LOW
2781.1201 MGA
YEARLY AVERAGE
2867.1389 MGA

2021 SGD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2974.6929. Conversely, the yearly low was recorded on July 13, dropping to 2781.1201.

This high-to-low spread represents a total annual volatility of 193.5728 MGA. From a start-to-finish perspective, comparing the January average rate of 2871.4761 to the December average rate of 2909.8528, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2974.6929 was up 0.46% compared to the 2020 peak of 2961.0482, 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 14,873,464 MGA
2020 Average 13,817,331 MGA
Yearly Trough Low 13,905,600 MGA
Transaction Impact: A difference of 967,864.12 MGA purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

2942.9927
2798.2705
JanuMarcMayJulySeptNove

SGD to MGA 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 2836.0694, compared to 2898.2084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 62.1390 points.

H1 Avg (Jan–Jun) 2836.0694
H2 Avg (Jul–Dec) 2898.2084

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 149.0145 MGA (High: 2974.6929 / Low: 2825.6784). On the other end, September was the most stable month, with a tight range of 36.6982 MGA (High: 2931.4272 / Low: 2894.7290).

January Spread (Volatile) Âą149.0145
September Spread (Stable) Âą36.6982

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 37.8951 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -37.8951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2871.4761) against the same month in 2020 (average: 2724.9084), the exchange rate shifted by +146.5677 (+5.38%).

2021 Avg (January) 2871.4761
2020 Avg (January) 2724.9084

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 2974.6929 2825.6784 2871.4761
February 2854.1938 2783.6552 2833.5810
March 2834.2032 2789.0346 2810.3307
April 2868.0339 2814.6746 2838.2574
May 2868.7155 2812.4190 2829.1596
June 2910.3853 2791.6281 2833.6115
July 2914.1345 2781.1201 2833.5362
August 2915.6068 2805.4384 2871.6160
September 2931.4272 2894.7290 2915.3533
October 2957.6206 2888.2959 2927.9595
November 2948.4010 2906.1500 2930.9325
December 2939.9770 2870.2238 2909.8528