2021 SAR to GIP Historical Review

YEARLY HIGH

0.2018 GIP

YEARLY LOW

0.1874 GIP

YEARLY AVERAGE

0.1938 GIP

2021 SAR to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.2018. Conversely, the yearly low was recorded on May 31, dropping to 0.1874.

This high-to-low spread represents a total annual volatility of 0.0144 GIP. From a start-to-finish perspective, comparing the January average rate of 0.1954 to the December average rate of 0.2002, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2018 was down 12.78% compared to the 2020 peak of 0.2314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,009 GIP

2020 Average 1,039 GIP

Yearly Trough Low 937 GIP

Transaction Impact: A difference of 71.96 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2013

0.1883

JanuMarcMayJulySeptNove

SAR to GIP 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 0.1921, compared to 0.1956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1921

H2 Avg (Jul–Dec) 0.1956

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0068 GIP (High: 0.1953 / Low: 0.1885). On the other end, January was the most stable month, with a tight range of 0.0032 GIP (High: 0.1972 / Low: 0.1940).

February Spread (Volatile) ±0.0068

January Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0033 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2002) against the same month in 2020 (average: 0.1982), the exchange rate shifted by +0.0020 (+1.01%).

2021 Avg (December) 0.2002

2020 Avg (December) 0.1982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1972	0.1940	0.1954
February	0.1953	0.1885	0.1922
March	0.1948	0.1906	0.1924
April	0.1945	0.1906	0.1927
May	0.1930	0.1874	0.1894
June	0.1932	0.1881	0.1903
July	0.1956	0.1909	0.1930
August	0.1958	0.1915	0.1933
September	0.1985	0.1923	0.1940
October	0.1968	0.1929	0.1948
November	0.2005	0.1947	0.1983
December	0.2018	0.1969	0.2002