YEARLY HIGH
2.6085 GEL
YEARLY LOW
2.2542 GEL
YEARLY AVERAGE
2.3955 GEL

2021 SGD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 2.6085. Conversely, the yearly low was recorded on July 20, dropping to 2.2542.

This high-to-low spread represents a total annual volatility of 0.3543 GEL. From a start-to-finish perspective, comparing the January average rate of 2.4906 to the December average rate of 2.2715, the exchange rate registered a net change of -8.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6085 was up 3.05% compared to the 2020 peak of 2.5312, 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 13,043 GEL
2020 Average 11,293 GEL
Yearly Trough Low 11,271 GEL
Transaction Impact: A difference of 1,771.68 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6028
2.2414
JanuMarcMayJulySeptNove

SGD to GEL 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 2.4911, compared to 2.2999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1912 points.

H1 Avg (Jan–Jun) 2.4911
H2 Avg (Jul–Dec) 2.2999

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1409 GEL (High: 2.6009 / Low: 2.4600). On the other end, January was the most stable month, with a tight range of 0.0345 GEL (High: 2.5123 / Low: 2.4779).

May Spread (Volatile) ±0.1409
January Spread (Stable) ±0.0345

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1736 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.5727) against the same month in 2020 (average: 2.2358), the exchange rate shifted by +0.3370 (+15.07%).

2021 Avg (April) 2.5727
2020 Avg (April) 2.2358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5123 2.4779 2.4906
February 2.5212 2.4797 2.4959
March 2.5312 2.4658 2.4847
April 2.6085 2.5374 2.5727
May 2.6009 2.4600 2.5380
June 2.4649 2.3343 2.3644
July 2.3457 2.2542 2.3042
August 2.3180 2.2702 2.2886
September 2.3198 2.2840 2.3059
October 2.3433 2.2920 2.3187
November 2.3472 2.2590 2.3103
December 2.2949 2.2566 2.2715