YEARLY HIGH
1.2777 BGN
YEARLY LOW
1.2017 BGN
YEARLY AVERAGE
1.2307 BGN

2021 SGD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.2777. Conversely, the yearly low was recorded on May 20, dropping to 1.2017.

This high-to-low spread represents a total annual volatility of 0.0760 BGN. From a start-to-finish perspective, comparing the January average rate of 1.2117 to the December average rate of 1.2695, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2777 was down 2.66% compared to the 2020 peak of 1.3126, 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 6,388 BGN
2020 Average 6,218 BGN
Yearly Trough Low 6,008 BGN
Transaction Impact: A difference of 379.81 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2753
1.2058
JanuMarcMayJulySeptNove

SGD to BGN 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 1.2181, compared to 1.2433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 1.2181
H2 Avg (Jul–Dec) 1.2433

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0256 BGN (High: 1.2758 / Low: 1.2501). On the other end, February was the most stable month, with a tight range of 0.0122 BGN (High: 1.2217 / Low: 1.2095).

November Spread (Volatile) ±0.0256
February Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0136 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.2695) against the same month in 2020 (average: 1.2064), the exchange rate shifted by +0.0631 (+5.23%).

2021 Avg (December) 1.2695
2020 Avg (December) 1.2064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2206 1.2038 1.2117
February 1.2217 1.2095 1.2177
March 1.2418 1.2167 1.2244
April 1.2411 1.2181 1.2252
May 1.2238 1.2017 1.2116
June 1.2274 1.2093 1.2182
July 1.2289 1.2149 1.2207
August 1.2327 1.2172 1.2267
September 1.2434 1.2264 1.2320
October 1.2545 1.2405 1.2481
November 1.2758 1.2501 1.2630
December 1.2777 1.2637 1.2695