2021 SEK to SGD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SEK to SGD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SEK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1617. Conversely, the yearly low was recorded on December 25, dropping to 0.1489.
This high-to-low spread represents a total annual volatility of 0.0128 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1598 to the December average rate of 0.1499, the exchange rate registered a net change of -6.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 0.1617 was down 0.05% compared to the 2020 peak of 0.1618, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SEK to SGD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1585, compared to 0.1548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.0086 SGD (High: 0.1583 / Low: 0.1497). On the other end, July was the most stable month, with a tight range of 0.0019 SGD (High: 0.1582 / Low: 0.1562).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 0.1598) against the same month in 2020 (average: 0.1422), the exchange rate shifted by +0.0176 (+12.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1617 | 0.1582 | 0.1598 |
| February | 0.1601 | 0.1579 | 0.1592 |
| March | 0.1586 | 0.1540 | 0.1572 |
| April | 0.1589 | 0.1541 | 0.1571 |
| May | 0.1606 | 0.1571 | 0.1592 |
| June | 0.1604 | 0.1562 | 0.1587 |
| July | 0.1582 | 0.1562 | 0.1571 |
| August | 0.1575 | 0.1547 | 0.1561 |
| September | 0.1570 | 0.1547 | 0.1560 |
| October | 0.1579 | 0.1543 | 0.1560 |
| November | 0.1583 | 0.1497 | 0.1536 |
| December | 0.1513 | 0.1489 | 0.1499 |