2021 SGD to CAD Historical Review

YEARLY HIGH

0.9679 CAD

YEARLY LOW

0.9036 CAD

YEARLY AVERAGE

0.9331 CAD

2021 SGD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.9679. Conversely, the yearly low was recorded on May 17, dropping to 0.9036.

This high-to-low spread represents a total annual volatility of 0.0643 CAD. From a start-to-finish perspective, comparing the January average rate of 0.9597 to the December average rate of 0.9388, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9679 was down 3.95% compared to the 2020 peak of 1.0077, 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 4,840 CAD

2020 Average 4,861 CAD

Yearly Trough Low 4,518 CAD

Transaction Impact: A difference of 321.66 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9645

0.9075

JanuMarcMayJulySeptNove

SGD to CAD 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 0.9363, compared to 0.9300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.9363

H2 Avg (Jul–Dec) 0.9300

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0274 CAD (High: 0.9522 / Low: 0.9248). On the other end, January was the most stable month, with a tight range of 0.0149 CAD (High: 0.9679 / Low: 0.9531).

March Spread (Volatile) ±0.0274

January Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0241 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.9597) against the same month in 2020 (average: 0.9682), the exchange rate shifted by -0.0084 (-0.87%).

2021 Avg (January) 0.9597

2020 Avg (January) 0.9682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9679	0.9531	0.9597
February	0.9646	0.9488	0.9563
March	0.9522	0.9248	0.9362
April	0.9488	0.9235	0.9364
May	0.9236	0.9036	0.9123
June	0.9268	0.9103	0.9170
July	0.9346	0.9143	0.9234
August	0.9415	0.9204	0.9302
September	0.9475	0.9324	0.9401
October	0.9320	0.9169	0.9208
November	0.9355	0.9177	0.9265
December	0.9472	0.9263	0.9388