2021 SGD to CVE Historical Review

YEARLY HIGH

72.2952 CVE

YEARLY LOW

67.8354 CVE

YEARLY AVERAGE

69.6442 CVE

2021 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 72.2952. Conversely, the yearly low was recorded on May 19, dropping to 67.8354.

This high-to-low spread represents a total annual volatility of 4.4598 CVE. From a start-to-finish perspective, comparing the January average rate of 68.5983 to the December average rate of 71.8767, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 72.2952 was down 59.60% compared to the 2020 peak of 178.9265, 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 361,476 CVE

2020 Average 353,410 CVE

Yearly Trough Low 339,177 CVE

Transaction Impact: A difference of 22,298.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

72.2045

68.2705

JanuMarcMayJulySeptNove

SGD to CVE 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 68.9753, compared to 70.3131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3378 points.

H1 Avg (Jan–Jun) 68.9753

H2 Avg (Jul–Dec) 70.3131

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 3.2875 CVE (High: 71.3871 / Low: 68.0996). On the other end, October was the most stable month, with a tight range of 0.7214 CVE (High: 70.8950 / Low: 70.1736).

June Spread (Volatile) ±3.2875

October Spread (Stable) ±0.7214

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 0.7619 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.7619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 71.8767) against the same month in 2020 (average: 68.2516), the exchange rate shifted by +3.6251 (+5.31%).

2021 Avg (December) 71.8767

2020 Avg (December) 68.2516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.9821	68.1045	68.5983
February	69.3697	68.5605	68.9587
March	70.1076	68.8774	69.3268
April	70.2421	68.6722	69.3858
May	69.7129	67.8354	68.6239
June	71.3871	68.0996	68.9584
July	69.5172	68.7216	69.1430
August	69.9477	68.7929	69.2230
September	70.2723	69.2017	69.6671
October	70.8950	70.1736	70.5878
November	72.2559	70.4519	71.3810
December	72.2952	71.3834	71.8767

2021 SGD నుండి CVE చారిత్రక సమీక్ష