2021 SGD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SGD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SGD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 891.2435. Conversely, the yearly low was recorded on January 2, dropping to 821.5176.
This high-to-low spread represents a total annual volatility of 69.7259 KRW. From a start-to-finish perspective, comparing the January average rate of 829.3122 to the December average rate of 868.7092, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 891.2435 was up 1.68% compared to the 2020 peak of 876.5289, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SGD to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 838.6864, compared to 864.8825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.1961 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 24.9272 KRW (High: 891.2435 / Low: 866.3164). On the other end, April was the most stable month, with a tight range of 8.5146 KRW (High: 842.0755 / Low: 833.5609).
Growth Streaks & Declines
TrendsBetween June and October, 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 November and December, when the average rate fell by 5.1614 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 873.8706) against the same month in 2020 (average: 827.9403), the exchange rate shifted by +45.9303 (+5.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 841.8115 | 821.5176 | 829.3122 |
| February | 846.3060 | 832.7817 | 837.4557 |
| March | 847.7094 | 830.4542 | 841.6996 |
| April | 842.0755 | 833.5609 | 837.9813 |
| May | 851.1132 | 838.8767 | 843.9789 |
| June | 848.0099 | 837.9288 | 841.6904 |
| July | 850.5440 | 839.2368 | 844.9175 |
| August | 867.0487 | 844.9301 | 856.6293 |
| September | 878.1419 | 859.8765 | 870.3263 |
| October | 883.3424 | 867.0284 | 874.8420 |
| November | 891.2435 | 866.3164 | 873.8706 |
| December | 881.5334 | 859.4306 | 868.7092 |