2021 SGD to TWD Historical Review

YEARLY HIGH

21.2938 TWD

YEARLY LOW

20.1614 TWD

YEARLY AVERAGE

20.7758 TWD

2021 SGD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 21.2938. Conversely, the yearly low was recorded on December 4, dropping to 20.1614.

This high-to-low spread represents a total annual volatility of 1.1325 TWD. From a start-to-finish perspective, comparing the January average rate of 21.1090 to the December average rate of 20.3248, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.2938 was down 4.43% compared to the 2020 peak of 22.2813, 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 106,469 TWD

2020 Average 106,735 TWD

Yearly Trough Low 100,807 TWD

Transaction Impact: A difference of 5,662.34 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.2329

20.2423

JanuMarcMayJulySeptNove

SGD to TWD 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 21.0146, compared to 20.5371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4775 points.

H1 Avg (Jan–Jun) 21.0146

H2 Avg (Jul–Dec) 20.5371

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.4683 TWD (High: 21.2583 / Low: 20.7900). On the other end, September was the most stable month, with a tight range of 0.1931 TWD (High: 20.6253 / Low: 20.4321).

March Spread (Volatile) ±0.4683

September Spread (Stable) ±0.1931

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1888 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 21.1090) against the same month in 2020 (average: 22.2174), the exchange rate shifted by -1.1084 (-4.99%).

2021 Avg (January) 21.1090

2020 Avg (January) 22.2174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.2938	20.9991	21.1090
February	21.1791	20.8857	21.0346
March	21.2583	20.7900	21.0339
April	21.2567	20.9334	21.1503
May	21.1010	20.8449	20.9616
June	20.9827	20.6429	20.7980
July	20.8058	20.5029	20.6495
August	20.7269	20.4617	20.5622
September	20.6253	20.4321	20.5538
October	20.7619	20.4658	20.6514
November	20.6678	20.2078	20.4807
December	20.5517	20.1614	20.3248