2021 MRO to SGD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MRO to SGD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MRO to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 1.3591. Conversely, the yearly low was recorded on January 6, dropping to 0.0037.
This high-to-low spread represents a total annual volatility of 1.3554 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.3962, the exchange rate registered a net change of 10565.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.3591 was up 33204.76% compared to the 2020 peak of 0.0041, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MRO to SGD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0037, compared to 0.0692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1.3553 SGD (High: 1.3591 / Low: 0.0038). On the other end, January was the most stable month, with a tight range of 0.0000 SGD (High: 0.0037 / Low: 0.0037).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.0000 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 0.3962) against the same month in 2020 (average: 0.0037), the exchange rate shifted by +0.3925 (+10517.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0037 | 0.0037 | 0.0037 |
| February | 0.0037 | 0.0037 | 0.0037 |
| March | 0.0038 | 0.0037 | 0.0038 |
| April | 0.0038 | 0.0037 | 0.0037 |
| May | 0.0037 | 0.0037 | 0.0037 |
| June | 0.0038 | 0.0037 | 0.0037 |
| July | 0.0038 | 0.0038 | 0.0038 |
| August | 0.0038 | 0.0038 | 0.0038 |
| September | 0.0038 | 0.0038 | 0.0038 |
| October | 0.0038 | 0.0038 | 0.0038 |
| November | 0.0038 | 0.0038 | 0.0038 |
| December | 1.3591 | 0.0038 | 0.3962 |