2021 SGD to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SGD to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SGD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 15.9792. Conversely, the yearly low was recorded on July 17, dropping to 14.6571.
This high-to-low spread represents a total annual volatility of 1.3221 MXN. From a start-to-finish perspective, comparing the January average rate of 15.0582 to the December average rate of 15.3247, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 15.9792 was down 9.03% compared to the 2020 peak of 17.5650, 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 MXN 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 15.1487, compared to 15.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.9185 MXN (High: 15.9792 / Low: 15.0606). On the other end, July was the most stable month, with a tight range of 0.2039 MXN (High: 14.8610 / Low: 14.6571).
Growth Streaks & Declines
TrendsBetween July and November, 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 March and April, when the average rate fell by 0.4419 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 15.3849) against the same month in 2020 (average: 15.1430), the exchange rate shifted by +0.2419 (+1.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.4986 | 14.7823 | 15.0582 |
| February | 15.7606 | 15.0467 | 15.2929 |
| March | 15.9203 | 15.1931 | 15.4670 |
| April | 15.2092 | 14.9037 | 15.0251 |
| May | 15.2075 | 14.8141 | 15.0257 |
| June | 15.3744 | 14.7321 | 15.0232 |
| July | 14.8610 | 14.6571 | 14.7258 |
| August | 15.0441 | 14.6662 | 14.8234 |
| September | 15.1893 | 14.8103 | 14.8636 |
| October | 15.3918 | 14.9620 | 15.1368 |
| November | 15.9792 | 15.0606 | 15.3849 |
| December | 15.7345 | 15.1340 | 15.3247 |