2021 EUR to SGD Historical Review

YEARLY HIGH

1.6272 SGD

YEARLY LOW

1.5309 SGD

YEARLY AVERAGE

1.5895 SGD

2021 EUR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 1.6272. Conversely, the yearly low was recorded on December 30, dropping to 1.5309.

This high-to-low spread represents a total annual volatility of 0.0963 SGD. From a start-to-finish perspective, comparing the January average rate of 1.6135 to the December average rate of 1.5414, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6272 was down 0.22% compared to the 2020 peak of 1.6309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,136 SGD

2020 Average 7,872 SGD

Yearly Trough Low 7,654 SGD

Transaction Impact: A difference of 481.70 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.6219

1.5341

JanuMarcMayJulySeptNove

EUR 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 1.6057, compared to 1.5733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0324 points.

H1 Avg (Jan–Jun) 1.6057

H2 Avg (Jul–Dec) 1.5733

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0315 SGD (High: 1.5645 / Low: 1.5331). On the other end, February was the most stable month, with a tight range of 0.0149 SGD (High: 1.6143 / Low: 1.5994).

November Spread (Volatile) ±0.0315

February Spread (Stable) ±0.0149

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 0.0194 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.6146) against the same month in 2020 (average: 1.5504), the exchange rate shifted by +0.0641 (+4.14%).

2021 Avg (May) 1.6146

2020 Avg (May) 1.5504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6256	1.6038	1.6135
February	1.6143	1.5994	1.6059
March	1.6071	1.5774	1.5978
April	1.6077	1.5826	1.5970
May	1.6272	1.5997	1.6146
June	1.6158	1.5952	1.6055
July	1.6099	1.5911	1.6023
August	1.6075	1.5871	1.5946
September	1.5945	1.5722	1.5864
October	1.5768	1.5594	1.5670
November	1.5645	1.5331	1.5482
December	1.5530	1.5309	1.5414