YEARLY HIGH
31958.2543 IRR
YEARLY LOW
30782.4573 IRR
YEARLY AVERAGE
31375.9208 IRR

2021 SGD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 31958.2543. Conversely, the yearly low was recorded on December 4, dropping to 30782.4573.

This high-to-low spread represents a total annual volatility of 1175.7970 IRR. From a start-to-finish perspective, comparing the January average rate of 31752.5985 to the December average rate of 30997.3843, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 31958.2543 was down 32.63% compared to the 2020 peak of 47438.7990, 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 159,791,271 IRR
2020 Average 152,933,854 IRR
Yearly Trough Low 153,912,286 IRR
Transaction Impact: A difference of 5,878,984.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

31828.1199
30921.8628
JanuMarcMayJulySeptNove

SGD to IRR 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: JanтАУJun) was 31599.9191, compared to 31151.9226 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 447.9965 points.

H1 Avg (JanтАУJun) 31599.9191
H2 Avg (JulтАУDec) 31151.9226

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 563.7037 IRR (High: 31346.1610 / Low: 30782.4573). On the other end, January was the most stable month, with a tight range of 342.9206 IRR (High: 31958.2543 / Low: 31615.3336).

December Spread (Volatile) ┬▒563.7037
January Spread (Stable) ┬▒342.9206

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 462.4229 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -462.4229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 31752.5985) against the same month in 2020 (average: 31169.8797), the exchange rate shifted by +582.7188 (+1.87%).

2021 Avg (January) 31752.5985
2020 Avg (January) 31169.8797

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 31958.2543 31615.3336 31752.5985
February 31926.8242 31495.5152 31710.3151
March 31714.8861 31178.5191 31357.9374
April 31789.2345 31285.9913 31536.2295
May 31878.6484 31506.5920 31676.7835
June 31835.9848 31287.1537 31565.6504
July 31304.8327 30850.5088 31103.2275
August 31386.4873 30880.8982 31127.2236
September 31481.6542 31002.1370 31315.4285
October 31430.3526 31055.4206 31242.9059
November 31366.3944 30829.9848 31125.3659
December 31346.1610 30782.4573 30997.3843