YEARLY HIGH
0.0026 SGD
YEARLY LOW
0.0005 SGD
YEARLY AVERAGE
0.0014 SGD

2021 SYP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0026. Conversely, the yearly low was recorded on December 31, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0021 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0005, the exchange rate registered a net change of -79.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0026 was down 6.97% compared to the 2020 peak of 0.0028, 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 13 SGD
2020 Average 13 SGD
Yearly Trough Low 3 SGD
Transaction Impact: A difference of 10.49 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0028
0.0003
JanuMarcMayJulySeptNove

SYP 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 0.0018, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0016 SGD (High: 0.0026 / Low: 0.0011). On the other end, December was the most stable month, with a tight range of 0.0000 SGD (High: 0.0005 / Low: 0.0005).

March Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0021) against the same month in 2020 (average: 0.0028), the exchange rate shifted by -0.0006 (-21.94%).

2021 Avg (March) 0.0021
2020 Avg (March) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0026 0.0026
February 0.0026 0.0026 0.0026
March 0.0026 0.0011 0.0021
April 0.0011 0.0011 0.0011
May 0.0011 0.0011 0.0011
June 0.0011 0.0011 0.0011
July 0.0011 0.0011 0.0011
August 0.0011 0.0011 0.0011
September 0.0011 0.0011 0.0011
October 0.0011 0.0011 0.0011
November 0.0011 0.0005 0.0009
December 0.0005 0.0005 0.0005