YEARLY HIGH
1.5753 FJD
YEARLY LOW
1.5032 FJD
YEARLY AVERAGE
1.5393 FJD

2021 SGD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.5753. Conversely, the yearly low was recorded on February 27, dropping to 1.5032.

This high-to-low spread represents a total annual volatility of 0.0721 FJD. From a start-to-finish perspective, comparing the January average rate of 1.5354 to the December average rate of 1.5620, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5753 was down 3.40% compared to the 2020 peak of 1.6307, 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 7,876 FJD
2020 Average 7,858 FJD
Yearly Trough Low 7,516 FJD
Transaction Impact: A difference of 360.45 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5659
1.5194
JanuMarcMayJulySeptNove

SGD to FJD 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 1.5311, compared to 1.5475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 1.5311
H2 Avg (Jul–Dec) 1.5475

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0386 FJD (High: 1.5418 / Low: 1.5032). On the other end, June was the most stable month, with a tight range of 0.0138 FJD (High: 1.5456 / Low: 1.5318).

February Spread (Volatile) ±0.0386
June Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.5620) against the same month in 2020 (average: 1.5440), the exchange rate shifted by +0.0180 (+1.17%).

2021 Avg (December) 1.5620
2020 Avg (December) 1.5440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5465 1.5191 1.5354
February 1.5418 1.5032 1.5285
March 1.5422 1.5070 1.5233
April 1.5417 1.5179 1.5343
May 1.5375 1.5200 1.5282
June 1.5456 1.5318 1.5371
July 1.5424 1.5275 1.5356
August 1.5637 1.5288 1.5448
September 1.5577 1.5402 1.5484
October 1.5628 1.5335 1.5472
November 1.5592 1.5336 1.5472
December 1.5753 1.5499 1.5620