YEARLY HIGH
241.2744 HUF
YEARLY LOW
214.0297 HUF
YEARLY AVERAGE
225.6396 HUF

2021 SGD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 241.2744. Conversely, the yearly low was recorded on May 24, dropping to 214.0297.

This high-to-low spread represents a total annual volatility of 27.2446 HUF. From a start-to-finish perspective, comparing the January average rate of 222.6762 to the December average rate of 238.3160, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 241.2744 was up 2.52% compared to the 2020 peak of 235.3484, 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 1,206,372 HUF
2020 Average 1,115,793 HUF
Yearly Trough Low 1,070,149 HUF
Transaction Impact: A difference of 136,223.15 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

240.3480
215.9643
JanuMarcMayJulySeptNove

SGD to HUF 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 222.9607, compared to 228.3185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3578 points.

H1 Avg (Jan–Jun) 222.9607
H2 Avg (Jul–Dec) 228.3185

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 11.9468 HUF (High: 241.2744 / Low: 229.3275). On the other end, March was the most stable month, with a tight range of 3.6538 HUF (High: 230.3868 / Low: 226.7330).

November Spread (Volatile) ±11.9468
March Spread (Stable) ±3.6538

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 April and May, when the average rate fell by 6.8322 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.8322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 235.6658) against the same month in 2020 (average: 225.6772), the exchange rate shifted by +9.9886 (+4.43%).

2021 Avg (November) 235.6658
2020 Avg (November) 225.6772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 224.7215 220.7670 222.6762
February 225.5155 221.6235 223.2315
March 230.3868 226.7330 228.9614
April 228.1918 223.7260 225.8656
May 225.1460 214.0297 219.0335
June 223.0729 214.2538 217.9963
July 225.5424 219.6373 222.9349
August 222.9294 218.7805 220.6439
September 228.4199 218.1194 222.1138
October 233.8109 226.3063 230.2366
November 241.2744 229.3275 235.6658
December 241.2492 234.6840 238.3160