YEARLY HIGH
0.2304 KWD
YEARLY LOW
0.2201 KWD
YEARLY AVERAGE
0.2246 KWD

2021 SGD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2304. Conversely, the yearly low was recorded on July 20, dropping to 0.2201.

This high-to-low spread represents a total annual volatility of 0.0104 KWD. From a start-to-finish perspective, comparing the January average rate of 0.2286 to the December average rate of 0.2221, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2304 was up 0.15% compared to the 2020 peak of 0.2301, 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 1,152 KWD
2020 Average 1,112 KWD
Yearly Trough Low 1,100 KWD
Transaction Impact: A difference of 51.89 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2293
0.2213
JanuMarcMayJulySeptNove

SGD to KWD 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 0.2266, compared to 0.2225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2266
H2 Avg (Jul–Dec) 0.2225

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0039 KWD (High: 0.2280 / Low: 0.2241). On the other end, May was the most stable month, with a tight range of 0.0025 KWD (High: 0.2277 / Low: 0.2252).

March Spread (Volatile) ±0.0039
May Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2286) against the same month in 2020 (average: 0.2247), the exchange rate shifted by +0.0040 (+1.77%).

2021 Avg (January) 0.2286
2020 Avg (January) 0.2247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2304 0.2276 0.2286
February 0.2295 0.2267 0.2280
March 0.2280 0.2241 0.2252
April 0.2272 0.2244 0.2258
May 0.2277 0.2252 0.2264
June 0.2274 0.2236 0.2256
July 0.2240 0.2201 0.2221
August 0.2237 0.2206 0.2220
September 0.2242 0.2215 0.2232
October 0.2245 0.2219 0.2232
November 0.2240 0.2208 0.2227
December 0.2243 0.2205 0.2221