2021 MVR to SGD Historical Review

YEARLY HIGH

0.0889 SGD

YEARLY LOW

0.0855 SGD

YEARLY AVERAGE

0.0871 SGD

2021 MVR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0889. Conversely, the yearly low was recorded on June 9, dropping to 0.0855.

This high-to-low spread represents a total annual volatility of 0.0034 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0861 to the December average rate of 0.0883, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0889 was down 6.05% compared to the 2020 peak of 0.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 444 SGD

2020 Average 447 SGD

Yearly Trough Low 427 SGD

Transaction Impact: A difference of 17.07 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0885

0.0859

JanuMarcMayJulySeptNove

MVR 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 0.0864, compared to 0.0878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0864

H2 Avg (Jul–Dec) 0.0878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0022 SGD (High: 0.0877 / Low: 0.0855). On the other end, January was the most stable month, with a tight range of 0.0010 SGD (High: 0.0865 / Low: 0.0855).

June Spread (Volatile) ±0.0022

January Spread (Stable) ±0.0010

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0879) against the same month in 2020 (average: 0.0874), the exchange rate shifted by +0.0005 (+0.55%).

2021 Avg (November) 0.0879

2020 Avg (November) 0.0874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0865	0.0855	0.0861
February	0.0868	0.0856	0.0862
March	0.0877	0.0862	0.0870
April	0.0871	0.0856	0.0864
May	0.0871	0.0855	0.0862
June	0.0877	0.0855	0.0864
July	0.0887	0.0873	0.0879
August	0.0883	0.0870	0.0877
September	0.0881	0.0868	0.0873
October	0.0882	0.0869	0.0875
November	0.0889	0.0872	0.0879
December	0.0888	0.0875	0.0883