2021 GMD to SGD Historical Review

YEARLY HIGH

0.0267 SGD

YEARLY LOW

0.0255 SGD

YEARLY AVERAGE

0.0261 SGD

2021 GMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0267. Conversely, the yearly low was recorded on January 6, dropping to 0.0255.

This high-to-low spread represents a total annual volatility of 0.0013 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0260, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0267 was down 6.60% compared to the 2020 peak of 0.0286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134 SGD

2020 Average 134 SGD

Yearly Trough Low 127 SGD

Transaction Impact: A difference of 6.28 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0266

0.0256

JanuMarcMayJulySeptNove

GMD 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 0.0260, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0260

H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0006 SGD (High: 0.0264 / Low: 0.0258). On the other end, February was the most stable month, with a tight range of 0.0003 SGD (High: 0.0260 / Low: 0.0257).

September Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0265) against the same month in 2020 (average: 0.0268), the exchange rate shifted by -0.0003 (-1.21%).

2021 Avg (July) 0.0265

2020 Avg (July) 0.0268

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0258	0.0255	0.0257
February	0.0260	0.0257	0.0258
March	0.0263	0.0258	0.0262
April	0.0263	0.0259	0.0261
May	0.0261	0.0258	0.0260
June	0.0263	0.0259	0.0261
July	0.0267	0.0263	0.0265
August	0.0267	0.0263	0.0265
September	0.0264	0.0258	0.0262
October	0.0264	0.0258	0.0261
November	0.0262	0.0258	0.0260
December	0.0262	0.0256	0.0260