YEARLY HIGH
0.5580 GBP
YEARLY LOW
0.5293 GBP
YEARLY AVERAGE
0.5411 GBP

2021 SGD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.5580. Conversely, the yearly low was recorded on July 29, dropping to 0.5293.

This high-to-low spread represents a total annual volatility of 0.0288 GBP. From a start-to-finish perspective, comparing the January average rate of 0.5527 to the December average rate of 0.5511, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5580 was down 6.79% compared to the 2020 peak of 0.5987, 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 2,790 GBP
2020 Average 2,826 GBP
Yearly Trough Low 2,646 GBP
Transaction Impact: A difference of 143.92 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5546
0.5324
JanuMarcMayJulySeptNove

SGD to GBP 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 0.5406, compared to 0.5415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.5406
H2 Avg (Jul–Dec) 0.5415

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0145 GBP (High: 0.5440 / Low: 0.5295). On the other end, October was the most stable month, with a tight range of 0.0057 GBP (High: 0.5441 / Low: 0.5384).

May Spread (Volatile) ±0.0145
October Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0099 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5527) against the same month in 2020 (average: 0.5661), the exchange rate shifted by -0.0134 (-2.37%).

2021 Avg (January) 0.5527
2020 Avg (January) 0.5661

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5580 0.5482 0.5527
February 0.5499 0.5360 0.5429
March 0.5426 0.5336 0.5374
April 0.5439 0.5360 0.5414
May 0.5440 0.5295 0.5345
June 0.5388 0.5320 0.5350
July 0.5385 0.5293 0.5343
August 0.5408 0.5312 0.5351
September 0.5469 0.5377 0.5400
October 0.5441 0.5384 0.5408
November 0.5524 0.5421 0.5480
December 0.5560 0.5479 0.5511