2021 SGD to MVR Historical Review

YEARLY HIGH

11.7014 MVR

YEARLY LOW

11.2520 MVR

YEARLY AVERAGE

11.4858 MVR

2021 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 11.7014. Conversely, the yearly low was recorded on November 25, dropping to 11.2520.

This high-to-low spread represents a total annual volatility of 0.4494 MVR. From a start-to-finish perspective, comparing the January average rate of 11.6162 to the December average rate of 11.3242, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.7014 was up 0.44% compared to the 2020 peak of 11.6501, 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 58,507 MVR

2020 Average 55,944 MVR

Yearly Trough Low 56,260 MVR

Transaction Impact: A difference of 2,247.01 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.6454

11.2950

JanuMarcMayJulySeptNove

SGD to MVR 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 11.5777, compared to 11.3940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1837 points.

H1 Avg (Jan–Jun) 11.5777

H2 Avg (Jul–Dec) 11.3940

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2967 MVR (High: 11.7014 / Low: 11.4047). On the other end, January was the most stable month, with a tight range of 0.1330 MVR (High: 11.6964 / Low: 11.5634).

June Spread (Volatile) ±0.2967

January Spread (Stable) ±0.1330

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 11.5781) against the same month in 2020 (average: 11.0795), the exchange rate shifted by +0.4986 (+4.50%).

2021 Avg (June) 11.5781

2020 Avg (June) 11.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6964	11.5634	11.6162
February	11.6778	11.5196	11.6028
March	11.5998	11.4036	11.4970
April	11.6789	11.4862	11.5737
May	11.6975	11.4862	11.5983
June	11.7014	11.4047	11.5781
July	11.4498	11.2703	11.3749
August	11.4916	11.3276	11.4055
September	11.5187	11.3466	11.4536
October	11.5118	11.3402	11.4298
November	11.4701	11.2520	11.3757
December	11.4334	11.2565	11.3242