2021 SGD to BIF Historical Review

YEARLY HIGH

1494.2239 BIF

YEARLY LOW

1446.2322 BIF

YEARLY AVERAGE

1469.3407 BIF

2021 SGD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1494.2239. Conversely, the yearly low was recorded on March 14, dropping to 1446.2322.

This high-to-low spread represents a total annual volatility of 47.9917 BIF. From a start-to-finish perspective, comparing the January average rate of 1467.9481 to the December average rate of 1465.1947, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1494.2239 was up 1.71% compared to the 2020 peak of 1469.0818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,471,119 BIF

2020 Average 6,943,175 BIF

Yearly Trough Low 7,231,161 BIF

Transaction Impact: A difference of 239,958.72 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1485.8717

1453.3869

JanuMarcMayJulySeptNove

SGD to BIF 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 1470.1907, compared to 1468.4908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6999 points.

H1 Avg (Jan–Jun) 1470.1907

H2 Avg (Jul–Dec) 1468.4908

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 32.7525 BIF (High: 1482.8154 / Low: 1450.0629). On the other end, January was the most stable month, with a tight range of 17.2164 BIF (High: 1476.3898 / Low: 1459.1734).

April Spread (Volatile) ±32.7525

January Spread (Stable) ±17.2164

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 20.2675 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -20.2675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1483.1646) against the same month in 2020 (average: 1368.4047), the exchange rate shifted by +114.7600 (+8.39%).

2021 Avg (June) 1483.1646

2020 Avg (June) 1368.4047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1476.3898	1459.1734	1467.9481
February	1480.6146	1457.8661	1469.1114
March	1469.7597	1446.2322	1456.0940
April	1482.8154	1450.0629	1463.4146
May	1492.4341	1461.5414	1481.4116
June	1494.2239	1472.0497	1483.1646
July	1471.9657	1451.3626	1462.8971
August	1475.1222	1453.1159	1464.2755
September	1482.9823	1462.1461	1475.6380
October	1484.5409	1460.7749	1474.5260
November	1479.2372	1454.9073	1468.4133
December	1485.5596	1452.9645	1465.1947