YEARLY HIGH
0.0954 SGD
YEARLY LOW
0.0624 SGD
YEARLY AVERAGE
0.0769 SGD

2021 SRD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0954. Conversely, the yearly low was recorded on November 2, dropping to 0.0624.

This high-to-low spread represents a total annual volatility of 0.0330 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0644, the exchange rate registered a net change of -31.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0954 was down 51.16% compared to the 2020 peak of 0.1953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SRD based on timing:

Yearly Peak High 477 SGD
2020 Average 807 SGD
Yearly Trough Low 312 SGD
Transaction Impact: A difference of 164.86 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0981
0.0599
JanuMarcMayJulySeptNove

SRD to SGD 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 0.0902, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 0.0902
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0311 SGD (High: 0.0938 / Low: 0.0627). On the other end, October was the most stable month, with a tight range of 0.0008 SGD (High: 0.0635 / Low: 0.0626).

June Spread (Volatile) ±0.0311
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0233 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0949) against the same month in 2020 (average: 0.1899), the exchange rate shifted by -0.0951 (-50.05%).

2021 Avg (March) 0.0949
2020 Avg (March) 0.1899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0941 0.0931 0.0937
February 0.0945 0.0932 0.0938
March 0.0954 0.0938 0.0949
April 0.0951 0.0936 0.0943
May 0.0944 0.0933 0.0939
June 0.0938 0.0627 0.0706
July 0.0647 0.0633 0.0640
August 0.0638 0.0629 0.0633
September 0.0637 0.0626 0.0631
October 0.0635 0.0626 0.0631
November 0.0638 0.0624 0.0631
December 0.0699 0.0633 0.0644