2021 SGD to NZD Historical Review

YEARLY HIGH

1.0897 NZD

YEARLY LOW

1.0188 NZD

YEARLY AVERAGE

1.0524 NZD

2021 SGD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0897. Conversely, the yearly low was recorded on February 24, dropping to 1.0188.

This high-to-low spread represents a total annual volatility of 0.0709 NZD. From a start-to-finish perspective, comparing the January average rate of 1.0495 to the December average rate of 1.0809, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0897 was down 10.80% compared to the 2020 peak of 1.2217, 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 5,448 NZD

2020 Average 5,583 NZD

Yearly Trough Low 5,094 NZD

Transaction Impact: A difference of 354.55 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0851

1.0353

JanuMarcMayJulySeptNove

SGD to NZD 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 1.0471, compared to 1.0578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 1.0471

H2 Avg (Jul–Dec) 1.0578

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0401 NZD (High: 1.0732 / Low: 1.0331). On the other end, May was the most stable month, with a tight range of 0.0142 NZD (High: 1.0491 / Low: 1.0349).

November Spread (Volatile) ±0.0401

May Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0809) against the same month in 2020 (average: 1.0579), the exchange rate shifted by +0.0230 (+2.18%).

2021 Avg (December) 1.0809

2020 Avg (December) 1.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0685	1.0391	1.0495
February	1.0479	1.0188	1.0395
March	1.0657	1.0293	1.0443
April	1.0638	1.0385	1.0518
May	1.0491	1.0349	1.0412
June	1.0722	1.0426	1.0561
July	1.0642	1.0497	1.0562
August	1.0747	1.0467	1.0581
September	1.0688	1.0425	1.0513
October	1.0661	1.0327	1.0490
November	1.0732	1.0331	1.0514
December	1.0897	1.0721	1.0809