YEARLY HIGH
0.0047 SGD
YEARLY LOW
0.0041 SGD
YEARLY AVERAGE
0.0044 SGD

2021 HUF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HUF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.0047. Conversely, the yearly low was recorded on November 22, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0005 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0042, the exchange rate registered a net change of -6.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0047 was down 0.97% compared to the 2020 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 4,672 SGD
2020 Average 4,483 SGD
Yearly Trough Low 4,145 SGD
Transaction Impact: A difference of 527.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0046
0.0042
JanuMarcMayJulySeptNove

HUF 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 0.0045, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0002 SGD (High: 0.0047 / Low: 0.0044). On the other end, March was the most stable month, with a tight range of 0.0001 SGD (High: 0.0044 / Low: 0.0043).

May Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0046) against the same month in 2020 (average: 0.0044), the exchange rate shifted by +0.0002 (+3.52%).

2021 Avg (May) 0.0046
2020 Avg (May) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0045 0.0044 0.0045
February 0.0045 0.0044 0.0045
March 0.0044 0.0043 0.0044
April 0.0045 0.0044 0.0044
May 0.0047 0.0044 0.0046
June 0.0047 0.0045 0.0046
July 0.0046 0.0044 0.0045
August 0.0046 0.0045 0.0045
September 0.0046 0.0044 0.0045
October 0.0044 0.0043 0.0043
November 0.0044 0.0041 0.0042
December 0.0043 0.0041 0.0042