YEARLY HIGH
312.1040 NGN
YEARLY LOW
281.7581 NGN
YEARLY AVERAGE
300.1126 NGN

2021 SGD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 312.1040. Conversely, the yearly low was recorded on March 8, dropping to 281.7581.

This high-to-low spread represents a total annual volatility of 30.3458 NGN. From a start-to-finish perspective, comparing the January average rate of 292.4521 to the December average rate of 301.6173, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 312.1040 was up 5.01% compared to the 2020 peak of 297.2060, 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 1,560,520 NGN
2020 Average 1,378,921 NGN
Yearly Trough Low 1,408,791 NGN
Transaction Impact: A difference of 151,729.12 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

310.2746
287.0279
JanuMarcMayJulySeptNove

SGD to NGN 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 296.6917, compared to 303.5335 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 6.8418 points.

H1 Avg (JanтАУJun) 296.6917
H2 Avg (JulтАУDec) 303.5335

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 27.2069 NGN (High: 312.1040 / Low: 284.8971). On the other end, October was the most stable month, with a tight range of 4.0523 NGN (High: 306.0615 / Low: 302.0093).

May Spread (Volatile) ┬▒27.2069
October Spread (Stable) ┬▒4.0523

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 June and July, when the average rate fell by 4.8178 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.8178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 304.1083) against the same month in 2020 (average: 274.3218), the exchange rate shifted by +29.7865 (+10.86%).

2021 Avg (May) 304.1083
2020 Avg (May) 274.3218

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 300.1634 286.2624 292.4521
February 311.3836 285.3185 293.6565
March 305.7035 281.7581 288.9651
April 307.8830 283.1009 292.6306
May 312.1040 284.8971 304.1083
June 311.8216 304.8928 308.3373
July 305.9202 301.0012 303.5196
August 306.0903 301.4966 303.7641
September 306.8598 302.2746 305.3907
October 306.0615 302.0093 304.1865
November 306.0033 298.9214 302.7225
December 305.5096 298.7028 301.6173