2021 SGD to GMD Historical Review

YEARLY HIGH

39.2410 GMD

YEARLY LOW

37.3990 GMD

YEARLY AVERAGE

38.3398 GMD

2021 SGD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 39.2410. Conversely, the yearly low was recorded on July 20, dropping to 37.3990.

This high-to-low spread represents a total annual volatility of 1.8420 GMD. From a start-to-finish perspective, comparing the January average rate of 38.9582 to the December average rate of 38.5264, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 39.2410 was up 0.23% compared to the 2020 peak of 39.1527, 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 196,205 GMD

2020 Average 186,687 GMD

Yearly Trough Low 186,995 GMD

Transaction Impact: A difference of 9,209.98 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

39.0788

37.6309

JanuMarcMayJulySeptNove

SGD to GMD 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 38.5092, compared to 38.1705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3387 points.

H1 Avg (Jan–Jun) 38.5092

H2 Avg (Jul–Dec) 38.1705

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.9357 GMD (High: 39.1132 / Low: 38.1775). On the other end, February was the most stable month, with a tight range of 0.4345 GMD (High: 38.8990 / Low: 38.4644).

December Spread (Volatile) ±0.9357

February Spread (Stable) ±0.4345

Growth Streaks & Declines

Trends

Between August and December, 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 0.5841 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 38.9582) against the same month in 2020 (average: 37.8868), the exchange rate shifted by +1.0713 (+2.83%).

2021 Avg (January) 38.9582

2020 Avg (January) 37.8868

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.2410	38.7082	38.9582
February	38.8990	38.4644	38.7273
March	38.7539	38.0244	38.2035
April	38.6182	38.0626	38.3093
May	38.7495	38.2935	38.5196
June	38.6750	37.9860	38.3374
July	38.0297	37.3990	37.7533
August	38.0677	37.4780	37.7516
September	38.7450	37.8220	38.1602
October	38.7202	37.9472	38.3594
November	38.7028	38.2139	38.4719
December	39.1132	38.1775	38.5264