YEARLY HIGH
10957.6389 IDR
YEARLY LOW
10422.0449 IDR
YEARLY AVERAGE
10647.5367 IDR

2021 SGD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 10957.6389. Conversely, the yearly low was recorded on October 14, dropping to 10422.0449.

This high-to-low spread represents a total annual volatility of 535.5940 IDR. From a start-to-finish perspective, comparing the January average rate of 10602.5010 to the December average rate of 10506.2262, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10957.6389 was down 5.97% compared to the 2020 peak of 11653.6076, 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 54,788,195 IDR
2020 Average 52,711,091 IDR
Yearly Trough Low 52,110,225 IDR
Transaction Impact: A difference of 2,677,969.93 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10929.7795
10464.4522
JanuMarcMayJulySeptNove

SGD to IDR 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 10721.8478, compared to 10573.2256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 148.6222 points.

H1 Avg (Jan–Jun) 10721.8478
H2 Avg (Jul–Dec) 10573.2256

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 273.2730 IDR (High: 10759.3065 / Low: 10486.0335). On the other end, September was the most stable month, with a tight range of 115.3385 IDR (High: 10632.6550 / Low: 10517.3165).

February Spread (Volatile) ±273.2730
September Spread (Stable) ±115.3385

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 122.1362 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -122.1362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 10891.0022) against the same month in 2020 (average: 11065.3922), the exchange rate shifted by -174.3901 (-1.58%).

2021 Avg (April) 10891.0022
2020 Avg (April) 11065.3922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10754.7905 10499.2357 10602.5010
February 10759.3065 10486.0335 10586.3747
March 10830.4741 10628.4791 10718.7946
April 10957.6389 10786.4901 10891.0022
May 10858.6980 10652.8098 10768.8660
June 10831.8638 10687.7504 10763.5484
July 10827.1585 10609.8446 10706.4707
August 10715.9327 10567.9938 10617.8316
September 10632.6550 10517.3165 10581.2124
October 10562.9046 10422.0449 10503.2295
November 10673.6094 10438.0975 10524.3832
December 10583.3367 10425.6975 10506.2262