YEARLY HIGH
0.0128 SGD
YEARLY LOW
0.0117 SGD
YEARLY AVERAGE
0.0122 SGD

2021 JPY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JPY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0128. Conversely, the yearly low was recorded on December 31, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0011 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0120, the exchange rate registered a net change of -6.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0128 was down 4.73% compared to the 2020 peak of 0.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 6,416 SGD
2020 Average 6,462 SGD
Yearly Trough Low 5,858 SGD
Transaction Impact: A difference of 557.56 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0129
0.0118
JanuMarcMayJulySeptNove

JPY 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 0.0124, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0124
H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0005 SGD (High: 0.0122 / Low: 0.0117). On the other end, January was the most stable month, with a tight range of 0.0001 SGD (High: 0.0128 / Low: 0.0127).

October Spread (Volatile) ±0.0005
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0128) against the same month in 2020 (average: 0.0124), the exchange rate shifted by +0.0004 (+3.32%).

2021 Avg (January) 0.0128
2020 Avg (January) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0127 0.0128
February 0.0127 0.0124 0.0126
March 0.0125 0.0121 0.0123
April 0.0123 0.0122 0.0122
May 0.0122 0.0120 0.0122
June 0.0122 0.0120 0.0121
July 0.0125 0.0121 0.0123
August 0.0124 0.0122 0.0123
September 0.0124 0.0122 0.0122
October 0.0122 0.0117 0.0119
November 0.0121 0.0118 0.0119
December 0.0122 0.0117 0.0120