2021 MAD to SGD Historical Review

YEARLY HIGH

0.1524 SGD

YEARLY LOW

0.1453 SGD

YEARLY AVERAGE

0.1495 SGD

2021 MAD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.1524. Conversely, the yearly low was recorded on December 31, dropping to 0.1453.

This high-to-low spread represents a total annual volatility of 0.0071 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1489 to the December average rate of 0.1473, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1524 was up 1.73% compared to the 2020 peak of 0.1498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 762 SGD

2020 Average 727 SGD

Yearly Trough Low 727 SGD

Transaction Impact: A difference of 35.33 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1519

0.1469

JanuMarcMayJulySeptNove

MAD 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 0.1494, compared to 0.1496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1494

H2 Avg (Jul–Dec) 0.1496

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0035 SGD (High: 0.1488 / Low: 0.1453). On the other end, September was the most stable month, with a tight range of 0.0012 SGD (High: 0.1510 / Low: 0.1498).

December Spread (Volatile) ±0.0035

September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.1515) against the same month in 2020 (average: 0.1453), the exchange rate shifted by +0.0062 (+4.28%).

2021 Avg (July) 0.1515

2020 Avg (July) 0.1453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1509	0.1477	0.1489
February	0.1494	0.1480	0.1485
March	0.1496	0.1483	0.1491
April	0.1497	0.1481	0.1491
May	0.1512	0.1484	0.1501
June	0.1514	0.1496	0.1505
July	0.1524	0.1506	0.1515
August	0.1523	0.1499	0.1510
September	0.1510	0.1498	0.1503
October	0.1502	0.1485	0.1492
November	0.1492	0.1472	0.1482
December	0.1488	0.1453	0.1473