YEARLY HIGH
9.4367 INR
YEARLY LOW
8.9524 INR
YEARLY AVERAGE
9.2144 INR

2021 SBD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 9.4367. Conversely, the yearly low was recorded on March 3, dropping to 8.9524.

This high-to-low spread represents a total annual volatility of 0.4843 INR. From a start-to-finish perspective, comparing the January average rate of 9.1336 to the December average rate of 9.3230, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.4367 was up 1.71% compared to the 2020 peak of 9.2782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,184 INR
2020 Average 45,032 INR
Yearly Trough Low 44,762 INR
Transaction Impact: A difference of 2,421.55 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.3507
9.0763
JanuMarcMayJulySeptNove

SBD to INR 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 9.1792, compared to 9.2495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 9.1792
H2 Avg (Jul–Dec) 9.2495

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2759 INR (High: 9.4367 / Low: 9.1608). On the other end, January was the most stable month, with a tight range of 0.1048 INR (High: 9.1875 / Low: 9.0827).

April Spread (Volatile) ±0.2759
January Spread (Stable) ±0.1048

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.1442 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 9.3278) against the same month in 2020 (average: 9.1701), the exchange rate shifted by +0.1577 (+1.72%).

2021 Avg (April) 9.3278
2020 Avg (April) 9.1701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1875 9.0827 9.1336
February 9.2295 9.0567 9.0992
March 9.2026 8.9524 9.1253
April 9.4367 9.1608 9.3278
May 9.3100 9.0817 9.1836
June 9.2952 9.1194 9.2058
July 9.3479 9.2109 9.2691
August 9.2518 9.0552 9.2031
September 9.2197 9.0538 9.1336
October 9.3638 9.1985 9.3065
November 9.3238 9.1991 9.2617
December 9.4083 9.1962 9.3230