2021 PEN to SGD Historical Review

YEARLY HIGH

0.3735 SGD

YEARLY LOW

0.3265 SGD

YEARLY AVERAGE

0.3469 SGD

2021 PEN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.3735. Conversely, the yearly low was recorded on September 15, dropping to 0.3265.

This high-to-low spread represents a total annual volatility of 0.0470 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3656 to the December average rate of 0.3372, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3735 was down 11.90% compared to the 2020 peak of 0.4239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,868 SGD

2020 Average 1,976 SGD

Yearly Trough Low 1,632 SGD

Transaction Impact: A difference of 235.06 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3694

0.3243

JanuMarcMayJulySeptNove

PEN 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 0.3579, compared to 0.3360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.3579

H2 Avg (Jul–Dec) 0.3360

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0267 SGD (High: 0.3735 / Low: 0.3468). On the other end, September was the most stable month, with a tight range of 0.0033 SGD (High: 0.3298 / Low: 0.3265).

April Spread (Volatile) ±0.0267

September Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.3619) against the same month in 2020 (average: 0.4186), the exchange rate shifted by -0.0567 (-13.54%).

2021 Avg (April) 0.3619

2020 Avg (April) 0.4186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3685	0.3630	0.3656
February	0.3671	0.3613	0.3642
March	0.3646	0.3577	0.3622
April	0.3735	0.3468	0.3619
May	0.3645	0.3439	0.3527
June	0.3472	0.3368	0.3409
July	0.3497	0.3390	0.3441
August	0.3452	0.3295	0.3322
September	0.3298	0.3265	0.3281
October	0.3441	0.3279	0.3363
November	0.3407	0.3355	0.3378
December	0.3408	0.3337	0.3372