YEARLY HIGH
1862.9741 SYP
YEARLY LOW
379.6519 SYP
YEARLY AVERAGE
916.8961 SYP

2021 SGD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1862.9741. Conversely, the yearly low was recorded on March 8, dropping to 379.6519.

This high-to-low spread represents a total annual volatility of 1483.3222 SYP. From a start-to-finish perspective, comparing the January average rate of 386.7283 to the December average rate of 1842.7898, the exchange rate registered a net change of 376.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1862.9741 was up 379.76% compared to the 2020 peak of 388.3123, 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 9,314,870 SYP
2020 Average 1,861,177 SYP
Yearly Trough Low 1,898,260 SYP
Transaction Impact: A difference of 7,416,610.76 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1988.4498
240.5300
JanuMarcMayJulySeptNove

SGD to SYP 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 691.0491, compared to 1142.7430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 451.6938 points.

H1 Avg (Jan–Jun) 691.0491
H2 Avg (Jul–Dec) 1142.7430

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 918.9858 SYP (High: 1845.5606 / Low: 926.5747). On the other end, January was the most stable month, with a tight range of 4.0811 SYP (High: 389.2329 / Low: 385.1518).

November Spread (Volatile) ±918.9858
January Spread (Stable) ±4.0811

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 14.5325 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.5325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1842.7898) against the same month in 2020 (average: 385.0157), the exchange rate shifted by +1457.7741 (+378.63%).

2021 Avg (December) 1842.7898
2020 Avg (December) 385.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 389.2329 385.1518 386.7283
February 388.7916 383.6130 386.1899
March 935.0263 379.6519 542.4514
April 949.5088 934.4610 941.9452
May 952.1739 941.0691 946.1290
June 950.8618 934.6916 942.8511
July 935.1950 920.2801 928.3185
August 935.3985 921.5963 928.2440
September 937.8771 923.4228 933.1364
October 935.9708 925.4528 930.4738
November 1845.5606 926.5747 1293.4954
December 1862.9741 1830.5544 1842.7898