YEARLY HIGH
11.8678 SZL
YEARLY LOW
10.1947 SZL
YEARLY AVERAGE
10.9944 SZL

2021 SGD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 11.8678. Conversely, the yearly low was recorded on June 7, dropping to 10.1947.

This high-to-low spread represents a total annual volatility of 1.6731 SZL. From a start-to-finish perspective, comparing the January average rate of 11.3834 to the December average rate of 11.6439, the exchange rate registered a net change of 2.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.8678 was down 11.39% compared to the 2020 peak of 13.3931, 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 59,339 SZL
2020 Average 59,602 SZL
Yearly Trough Low 50,974 SZL
Transaction Impact: A difference of 8,365.51 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.7696
10.2612
JanuMarcMayJulySeptNove

SGD to SZL 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 10.9095, compared to 11.0794 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1699 points.

H1 Avg (JanтАУJun) 10.9095
H2 Avg (JulтАУDec) 11.0794

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6838 SZL (High: 11.8080 / Low: 11.1242). On the other end, April was the most stable month, with a tight range of 0.2933 SZL (High: 10.9755 / Low: 10.6821).

November Spread (Volatile) ┬▒0.6838
April Spread (Stable) ┬▒0.2933

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.3429 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 11.6439) against the same month in 2020 (average: 11.1863), the exchange rate shifted by +0.4577 (+4.09%).

2021 Avg (December) 11.6439
2020 Avg (December) 11.1863

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Month High Low Average
January 11.6313 11.0441 11.3834
February 11.2984 10.9195 11.1249
March 11.4994 10.9377 11.1602
April 10.9755 10.6821 10.8173
May 10.8670 10.4115 10.5840
June 10.6406 10.1947 10.3869
July 10.9431 10.5071 10.6926
August 11.2328 10.6379 10.9301
September 11.1716 10.5034 10.7891
October 11.2581 10.7462 11.0044
November 11.8080 11.1242 11.4161
December 11.8678 11.4553 11.6439