2021 SGD to PHP Historical Review

YEARLY HIGH

37.9448 PHP

YEARLY LOW

35.7786 PHP

YEARLY AVERAGE

36.6614 PHP

2021 SGD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 37.9448. Conversely, the yearly low was recorded on May 19, dropping to 35.7786.

This high-to-low spread represents a total annual volatility of 2.1662 PHP. From a start-to-finish perspective, comparing the January average rate of 36.2520 to the December average rate of 36.9047, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.9448 was up 0.19% compared to the 2020 peak of 37.8722, 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 189,724 PHP

2020 Average 179,822 PHP

Yearly Trough Low 178,893 PHP

Transaction Impact: A difference of 10,831.22 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.6763

35.8736

JanuMarcMayJulySeptNove

SGD to PHP 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 36.1974, compared to 37.1253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9279 points.

H1 Avg (Jan–Jun) 36.1974

H2 Avg (Jul–Dec) 37.1253

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.4804 PHP (High: 37.9448 / Low: 36.4644). On the other end, June was the most stable month, with a tight range of 0.3075 PHP (High: 36.2980 / Low: 35.9905).

December Spread (Volatile) ±1.4804

June Spread (Stable) ±0.3075

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4369 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 36.9047) against the same month in 2020 (average: 36.0959), the exchange rate shifted by +0.8087 (+2.24%).

2021 Avg (December) 36.9047

2020 Avg (December) 36.0959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.5756	36.1180	36.2520
February	36.8816	35.9608	36.3727
March	36.5854	35.9098	36.1455
April	36.6111	36.0391	36.2815
May	36.3235	35.7786	36.0238
June	36.2980	35.9905	36.1091
July	37.3374	36.4561	36.9327
August	37.4236	36.0962	37.0491
September	37.7259	37.0427	37.2504
October	37.7745	37.2824	37.5261
November	37.5731	36.7725	37.0891
December	37.9448	36.4644	36.9047