YEARLY HIGH
476.0973 CRC
YEARLY LOW
453.1166 CRC
YEARLY AVERAGE
462.3536 CRC

2021 SGD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 476.0973. Conversely, the yearly low was recorded on March 14, dropping to 453.1166.

This high-to-low spread represents a total annual volatility of 22.9807 CRC. From a start-to-finish perspective, comparing the January average rate of 461.6146 to the December average rate of 467.4991, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 476.0973 was up 3.12% compared to the 2020 peak of 461.6737, 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 2,380,487 CRC
2020 Average 2,120,259 CRC
Yearly Trough Low 2,265,583 CRC
Transaction Impact: A difference of 114,903.62 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

472.7338
453.9779
JanuMarcMayJulySeptNove

SGD to CRC 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 460.9546, compared to 463.7527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7981 points.

H1 Avg (Jan–Jun) 460.9546
H2 Avg (Jul–Dec) 463.7527

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 18.4996 CRC (High: 476.0973 / Low: 457.5978). On the other end, February was the most stable month, with a tight range of 5.1983 CRC (High: 463.7935 / Low: 458.5952).

December Spread (Volatile) ±18.4996
February Spread (Stable) ±5.1983

Growth Streaks & Declines

Trends

Between July and November, 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 June and July, when the average rate fell by 6.5554 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.5554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 467.4991) against the same month in 2020 (average: 454.4393), the exchange rate shifted by +13.0597 (+2.87%).

2021 Avg (December) 467.4991
2020 Avg (December) 454.4393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 465.1419 457.2530 461.6146
February 463.7935 458.5952 460.9574
March 461.2159 453.1166 455.5409
April 465.7941 454.8043 459.6242
May 467.0517 459.9336 463.9174
June 468.2489 459.1927 464.0730
July 460.8638 453.7609 457.5175
August 462.2131 454.2687 458.2740
September 465.9022 459.4803 463.4451
October 472.6701 459.9761 464.6097
November 476.0704 458.9832 471.1708
December 476.0973 457.5978 467.4991