YEARLY HIGH
56.7723 INR
YEARLY LOW
53.8099 INR
YEARLY AVERAGE
55.0132 INR

2021 SGD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 56.7723. Conversely, the yearly low was recorded on March 28, dropping to 53.8099.

This high-to-low spread represents a total annual volatility of 2.9624 INR. From a start-to-finish perspective, comparing the January average rate of 55.1301 to the December average rate of 55.3095, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.7723 was up 2.22% compared to the 2020 peak of 55.5374, 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 283,862 INR
2020 Average 268,767 INR
Yearly Trough Low 269,050 INR
Transaction Impact: A difference of 14,812.14 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

55.9410
54.0467
JanuMarcMayJulySeptNove

SGD to INR 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 55.0355, compared to 54.9909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0446 points.

H1 Avg (Jan–Jun) 55.0355
H2 Avg (Jul–Dec) 54.9909

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.2871 INR (High: 56.7723 / Low: 54.4852). On the other end, June was the most stable month, with a tight range of 0.3284 INR (High: 55.3398 / Low: 55.0114).

April Spread (Volatile) ±2.2871
June Spread (Stable) ±0.3284

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7199 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 55.7831) against the same month in 2020 (average: 53.5457), the exchange rate shifted by +2.2374 (+4.18%).

2021 Avg (April) 55.7831
2020 Avg (April) 53.5457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.5357 54.8080 55.1301
February 55.4435 54.5713 54.8503
March 55.2205 53.8099 54.2045
April 56.7723 54.4852 55.7831
May 55.6980 54.7079 55.0632
June 55.3398 55.0114 55.1817
July 55.5092 54.5449 55.0082
August 54.9364 54.2951 54.7033
September 54.8301 54.2844 54.6111
October 55.8391 54.6483 55.4487
November 55.4940 54.4386 54.8647
December 55.8652 54.7561 55.3095