YEARLY HIGH
0.1437 INR
YEARLY LOW
0.0296 INR
YEARLY AVERAGE
0.0742 INR

2021 SYP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.1437. Conversely, the yearly low was recorded on November 20, dropping to 0.0296.

This high-to-low spread represents a total annual volatility of 0.1142 INR. From a start-to-finish perspective, comparing the January average rate of 0.1426 to the December average rate of 0.0300, the exchange rate registered a net change of -78.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1437 was down 4.20% compared to the 2020 peak of 0.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 719 INR
2020 Average 722 INR
Yearly Trough Low 148 INR
Transaction Impact: A difference of 570.80 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1538
0.0188
JanuMarcMayJulySeptNove

SYP to INR 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 0.0962, compared to 0.0523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 0.0962
H2 Avg (Jul–Dec) 0.0523

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0854 INR (High: 0.1430 / Low: 0.0576). On the other end, July was the most stable month, with a tight range of 0.0006 INR (High: 0.0596 / Low: 0.0591).

March Spread (Volatile) ±0.0854
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0573 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1420) against the same month in 2020 (average: 0.1390), the exchange rate shifted by +0.0030 (+2.18%).

2021 Avg (February) 0.1420
2020 Avg (February) 0.1390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1433 0.1422 0.1426
February 0.1437 0.1412 0.1420
March 0.1430 0.0576 0.1165
April 0.0600 0.0583 0.0592
May 0.0589 0.0576 0.0582
June 0.0591 0.0579 0.0585
July 0.0596 0.0591 0.0593
August 0.0592 0.0580 0.0589
September 0.0591 0.0580 0.0585
October 0.0600 0.0590 0.0596
November 0.0595 0.0296 0.0474
December 0.0303 0.0296 0.0300