YEARLY HIGH
1.8895 SGD
YEARLY LOW
1.7920 SGD
YEARLY AVERAGE
1.8484 SGD

2021 GBP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GBP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 1.8895. Conversely, the yearly low was recorded on January 4, dropping to 1.7920.

This high-to-low spread represents a total annual volatility of 0.0975 SGD. From a start-to-finish perspective, comparing the January average rate of 1.8092 to the December average rate of 1.8145, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8895 was up 3.62% compared to the 2020 peak of 1.8234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,447 SGD
2020 Average 8,849 SGD
Yearly Trough Low 8,960 SGD
Transaction Impact: A difference of 487.30 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8779
1.8030
JanuMarcMayJulySeptNove

GBP 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 1.8500, compared to 1.8469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 1.8500
H2 Avg (Jul–Dec) 1.8469

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0502 SGD (High: 1.8885 / Low: 1.8383). On the other end, October was the most stable month, with a tight range of 0.0195 SGD (High: 1.8575 / Low: 1.8379).

May Spread (Volatile) ±0.0502
October Spread (Stable) ±0.0195

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 October and November, when the average rate fell by 0.0242 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.8717) against the same month in 2020 (average: 1.7578), the exchange rate shifted by +0.1139 (+6.48%).

2021 Avg (July) 1.8717
2020 Avg (July) 1.7578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8241 1.7920 1.8092
February 1.8657 1.8185 1.8422
March 1.8742 1.8431 1.8608
April 1.8656 1.8387 1.8473
May 1.8885 1.8383 1.8712
June 1.8796 1.8559 1.8693
July 1.8895 1.8569 1.8717
August 1.8824 1.8490 1.8690
September 1.8597 1.8284 1.8519
October 1.8575 1.8379 1.8492
November 1.8446 1.8101 1.8250
December 1.8250 1.7984 1.8145