2021 CAD to SGD Historical Review

YEARLY HIGH

1.1067 SGD

YEARLY LOW

1.0331 SGD

YEARLY AVERAGE

1.0719 SGD

2021 CAD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 1.1067. Conversely, the yearly low was recorded on January 4, dropping to 1.0331.

This high-to-low spread represents a total annual volatility of 0.0736 SGD. From a start-to-finish perspective, comparing the January average rate of 1.0420 to the December average rate of 1.0652, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1067 was up 4.63% compared to the 2020 peak of 1.0577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,533 SGD

2020 Average 5,143 SGD

Yearly Trough Low 5,166 SGD

Transaction Impact: A difference of 367.75 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1016

1.0365

JanuMarcMayJulySeptNove

CAD 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 1.0684, compared to 1.0754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 1.0684

H2 Avg (Jul–Dec) 1.0754

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0311 SGD (High: 1.0813 / Low: 1.0502). On the other end, January was the most stable month, with a tight range of 0.0161 SGD (High: 1.0492 / Low: 1.0331).

March Spread (Volatile) ±0.0311

January Spread (Stable) ±0.0161

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 0.0142 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.0962) against the same month in 2020 (average: 1.0139), the exchange rate shifted by +0.0823 (+8.12%).

2021 Avg (May) 1.0962

2020 Avg (May) 1.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0492	1.0331	1.0420
February	1.0539	1.0366	1.0458
March	1.0813	1.0502	1.0682
April	1.0828	1.0540	1.0679
May	1.1067	1.0827	1.0962
June	1.0985	1.0789	1.0906
July	1.0938	1.0700	1.0830
August	1.0865	1.0621	1.0751
September	1.0725	1.0554	1.0638
October	1.0907	1.0729	1.0860
November	1.0897	1.0689	1.0794
December	1.0795	1.0558	1.0652