2021 SGD to EUR Historical Review

YEARLY HIGH

0.6532 EUR

YEARLY LOW

0.6145 EUR

YEARLY AVERAGE

0.6293 EUR

2021 SGD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6532. Conversely, the yearly low was recorded on May 20, dropping to 0.6145.

This high-to-low spread represents a total annual volatility of 0.0387 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6198 to the December average rate of 0.6488, the exchange rate registered a net change of 4.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6532 was down 2.68% compared to the 2020 peak of 0.6712, 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 3,266 EUR

2020 Average 3,178 EUR

Yearly Trough Low 3,073 EUR

Transaction Impact: A difference of 193.37 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6517

0.6164

JanuMarcMayJulySeptNove

SGD to EUR 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 0.6228, compared to 0.6357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.6228

H2 Avg (Jul–Dec) 0.6357

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0131 EUR (High: 0.6523 / Low: 0.6392). On the other end, February was the most stable month, with a tight range of 0.0058 EUR (High: 0.6252 / Low: 0.6195).

November Spread (Volatile) ±0.0131

February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0068 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6488) against the same month in 2020 (average: 0.6167), the exchange rate shifted by +0.0320 (+5.20%).

2021 Avg (December) 0.6488

2020 Avg (December) 0.6167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6235	0.6152	0.6198
February	0.6252	0.6195	0.6227
March	0.6339	0.6222	0.6259
April	0.6319	0.6220	0.6262
May	0.6251	0.6145	0.6194
June	0.6269	0.6189	0.6229
July	0.6285	0.6212	0.6241
August	0.6301	0.6221	0.6271
September	0.6361	0.6272	0.6304
October	0.6413	0.6342	0.6382
November	0.6523	0.6392	0.6459
December	0.6532	0.6439	0.6488