2021 NZD to SGD Historical Review

YEARLY HIGH

0.9816 SGD

YEARLY LOW

0.9177 SGD

YEARLY AVERAGE

0.9503 SGD

2021 NZD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.9816. Conversely, the yearly low was recorded on December 20, dropping to 0.9177.

This high-to-low spread represents a total annual volatility of 0.0639 SGD. From a start-to-finish perspective, comparing the January average rate of 0.9529 to the December average rate of 0.9251, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9816 was up 2.84% compared to the 2020 peak of 0.9545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,908 SGD

2020 Average 4,482 SGD

Yearly Trough Low 4,589 SGD

Transaction Impact: A difference of 319.38 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9658

0.9214

JanuMarcMayJulySeptNove

NZD 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 0.9551, compared to 0.9455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.9551

H2 Avg (Jul–Dec) 0.9455

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0361 SGD (High: 0.9679 / Low: 0.9318). On the other end, July was the most stable month, with a tight range of 0.0130 SGD (High: 0.9527 / Low: 0.9397).

November Spread (Volatile) ±0.0361

July Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0261 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.9621) against the same month in 2020 (average: 0.8879), the exchange rate shifted by +0.0742 (+8.36%).

2021 Avg (February) 0.9621

2020 Avg (February) 0.8879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9624	0.9359	0.9529
February	0.9816	0.9543	0.9621
March	0.9715	0.9383	0.9577
April	0.9629	0.9400	0.9508
May	0.9663	0.9532	0.9604
June	0.9592	0.9326	0.9469
July	0.9527	0.9397	0.9468
August	0.9554	0.9305	0.9451
September	0.9593	0.9356	0.9513
October	0.9684	0.9380	0.9534
November	0.9679	0.9318	0.9512
December	0.9327	0.9177	0.9251