YEARLY HIGH
16.0158 SRD
YEARLY LOW
10.4810 SRD
YEARLY AVERAGE
13.5150 SRD

2021 SGD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 16.0158. Conversely, the yearly low was recorded on March 8, dropping to 10.4810.

This high-to-low spread represents a total annual volatility of 5.5348 SRD. From a start-to-finish perspective, comparing the January average rate of 10.6730 to the December average rate of 15.5446, the exchange rate registered a net change of 45.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.0158 was up 49.58% compared to the 2020 peak of 10.7075, 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 80,079 SRD
2020 Average 33,897 SRD
Yearly Trough Low 52,405 SRD
Transaction Impact: A difference of 27,674.17 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.3924
10.0087
JanuMarcMayJulySeptNove

SGD to SRD 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 11.2782, compared to 15.7517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4735 points.

H1 Avg (Jan–Jun) 11.2782
H2 Avg (Jul–Dec) 15.7517

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 5.2801 SRD (High: 15.9398 / Low: 10.6597). On the other end, January was the most stable month, with a tight range of 0.1153 SRD (High: 10.7431 / Low: 10.6278).

June Spread (Volatile) ±5.2801
January Spread (Stable) ±0.1153

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2983 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 15.8429) against the same month in 2020 (average: 10.5096), the exchange rate shifted by +5.3333 (+50.75%).

2021 Avg (November) 15.8429
2020 Avg (November) 10.5096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7431 10.6278 10.6730
February 10.7325 10.5875 10.6597
March 10.6613 10.4810 10.5407
April 10.6863 10.5171 10.6012
May 10.7163 10.5912 10.6482
June 15.9398 10.6597 14.5464
July 15.8047 15.4610 15.6165
August 15.8859 15.6642 15.7884
September 15.9632 15.6904 15.8605
October 15.9633 15.7529 15.8573
November 16.0158 15.6848 15.8429
December 15.8094 14.3097 15.5446