YEARLY HIGH
6.7166 SEK
YEARLY LOW
6.1848 SEK
YEARLY AVERAGE
6.3859 SEK

2021 SGD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 6.7166. Conversely, the yearly low was recorded on January 7, dropping to 6.1848.

This high-to-low spread represents a total annual volatility of 0.5318 SEK. From a start-to-finish perspective, comparing the January average rate of 6.2589 to the December average rate of 6.6708, the exchange rate registered a net change of 6.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.7166 was down 6.50% compared to the 2020 peak of 7.1836, 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 33,583 SEK
2020 Average 33,352 SEK
Yearly Trough Low 30,924 SEK
Transaction Impact: A difference of 2,659.09 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.7119
6.2177
JanuMarcMayJulySeptNove

SGD to SEK 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 6.3083, compared to 6.4635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1552 points.

H1 Avg (Jan–Jun) 6.3083
H2 Avg (Jul–Dec) 6.4635

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3609 SEK (High: 6.6788 / Low: 6.3180). On the other end, July was the most stable month, with a tight range of 0.0787 SEK (High: 6.4009 / Low: 6.3221).

November Spread (Volatile) ±0.3609
July Spread (Stable) ±0.0787

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0877 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0877

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.6708) against the same month in 2020 (average: 6.2718), the exchange rate shifted by +0.3989 (+6.36%).

2021 Avg (December) 6.6708
2020 Avg (December) 6.2718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.3225 6.1848 6.2589
February 6.3347 6.2455 6.2810
March 6.4920 6.3043 6.3599
April 6.4890 6.2937 6.3677
May 6.3634 6.2268 6.2800
June 6.4021 6.2327 6.3022
July 6.4009 6.3221 6.3667
August 6.4646 6.3475 6.4069
September 6.4635 6.3710 6.4117
October 6.4799 6.3318 6.4108
November 6.6788 6.3180 6.5141
December 6.7166 6.6099 6.6708