2021 QAR to SGD Historical Review

YEARLY HIGH

0.3770 SGD

YEARLY LOW

0.3609 SGD

YEARLY AVERAGE

0.3687 SGD

2021 QAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.3770. Conversely, the yearly low was recorded on January 3, dropping to 0.3609.

This high-to-low spread represents a total annual volatility of 0.0160 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3641 to the December average rate of 0.3745, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3770 was down 5.79% compared to the 2020 peak of 0.4002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,885 SGD

2020 Average 1,894 SGD

Yearly Trough Low 1,805 SGD

Transaction Impact: A difference of 80.21 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3755

0.3631

JanuMarcMayJulySeptNove

QAR 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 0.3659, compared to 0.3716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.3659

H2 Avg (Jul–Dec) 0.3716

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0121 SGD (High: 0.3760 / Low: 0.3640). On the other end, October was the most stable month, with a tight range of 0.0043 SGD (High: 0.3732 / Low: 0.3688).

September Spread (Volatile) ±0.0121

October Spread (Stable) ±0.0043

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 0.0019 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.3745) against the same month in 2020 (average: 0.3658), the exchange rate shifted by +0.0087 (+2.37%).

2021 Avg (December) 0.3745

2020 Avg (December) 0.3658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3655	0.3609	0.3641
February	0.3672	0.3622	0.3647
March	0.3709	0.3646	0.3687
April	0.3698	0.3638	0.3668
May	0.3670	0.3624	0.3650
June	0.3696	0.3628	0.3663
July	0.3753	0.3634	0.3716
August	0.3744	0.3643	0.3704
September	0.3760	0.3640	0.3692
October	0.3732	0.3688	0.3710
November	0.3766	0.3699	0.3728
December	0.3770	0.3704	0.3745