2021 SGD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SGD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SGD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 86.3417. Conversely, the yearly low was recorded on March 25, dropping to 57.2849.
This high-to-low spread represents a total annual volatility of 29.0568 AFN. From a start-to-finish perspective, comparing the January average rate of 58.3049 to the December average rate of 74.7543, the exchange rate registered a net change of 28.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 86.3417 was up 47.65% compared to the 2020 peak of 58.4774, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SGD to AFN 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 58.3239, compared to 65.7463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.4224 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 16.3814 AFN (High: 86.3417 / Low: 69.9603). On the other end, January was the most stable month, with a tight range of 0.8243 AFN (High: 58.8142 / Low: 57.9899).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5456 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 74.7543) against the same month in 2020 (average: 57.8568), the exchange rate shifted by +16.8975 (+29.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.8142 | 57.9899 | 58.3049 |
| February | 59.0061 | 57.9164 | 58.2326 |
| March | 58.3002 | 57.2849 | 57.6870 |
| April | 58.8587 | 57.4004 | 58.2052 |
| May | 59.3693 | 57.9764 | 58.5285 |
| June | 59.3719 | 58.3314 | 58.9852 |
| July | 60.5825 | 58.1604 | 59.0493 |
| August | 64.0220 | 58.7806 | 61.3682 |
| September | 66.0724 | 63.1132 | 64.3270 |
| October | 67.5102 | 65.8244 | 66.6724 |
| November | 70.4576 | 66.9576 | 68.3067 |
| December | 86.3417 | 69.9603 | 74.7543 |