2021 SGD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |