YEARLY HIGH
1448.2127 MMK
YEARLY LOW
996.2573 MMK
YEARLY AVERAGE
1198.6461 MMK

2021 SGD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 1448.2127. Conversely, the yearly low was recorded on February 1, dropping to 996.2573.

This high-to-low spread represents a total annual volatility of 451.9554 MMK. From a start-to-finish perspective, comparing the January average rate of 1003.3491 to the December average rate of 1305.8886, the exchange rate registered a net change of 30.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1448.2127 was up 31.32% compared to the 2020 peak of 1102.8335, 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 7,241,064 MMK
2020 Average 4,987,301 MMK
Yearly Trough Low 4,981,287 MMK
Transaction Impact: A difference of 2,259,777.10 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1436.7791
963.9464
JanuMarcMayJulySeptNove

SGD to MMK 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 1103.7120, compared to 1293.5803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 189.8683 points.

H1 Avg (Jan–Jun) 1103.7120
H2 Avg (Jul–Dec) 1293.5803

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 160.3097 MMK (High: 1382.8640 / Low: 1222.5543). On the other end, January was the most stable month, with a tight range of 11.5891 MMK (High: 1010.4885 / Low: 998.8994).

September Spread (Volatile) ±160.3097
January Spread (Stable) ±11.5891

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 79.9560 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -79.9560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1397.3764) against the same month in 2020 (average: 950.2726), the exchange rate shifted by +447.1038 (+47.05%).

2021 Avg (October) 1397.3764
2020 Avg (October) 950.2726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1010.4885 998.8994 1003.3491
February 1068.9079 996.2573 1055.3282
March 1062.1190 1044.5364 1049.8437
April 1175.7507 1044.7143 1078.0220
May 1246.3406 1165.2457 1201.7381
June 1244.7206 1222.9226 1233.9907
July 1223.6801 1204.4682 1214.6171
August 1223.3813 1205.6258 1214.8778
September 1382.8640 1222.5543 1311.3012
October 1448.2127 1330.4598 1397.3764
November 1358.0322 1299.9268 1317.4204
December 1318.6615 1299.4138 1305.8886