YEARLY HIGH
270.9676 MRO
YEARLY LOW
0.7358 MRO
YEARLY AVERAGE
259.3496 MRO

2021 SGD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 270.9676. Conversely, the yearly low was recorded on December 25, dropping to 0.7358.

This high-to-low spread represents a total annual volatility of 270.2318 MRO. From a start-to-finish perspective, comparing the January average rate of 269.2006 to the December average rate of 185.5797, the exchange rate registered a net change of -31.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 270.9676 was up 0.33% compared to the 2020 peak of 270.0705, 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 1,354,838 MRO
2020 Average 1,294,587 MRO
Yearly Trough Low 3,679 MRO
Transaction Impact: A difference of 1,351,159.15 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

277.5627
177.2176
JanuMarcMayJulySeptNove

SGD to MRO 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 267.9172, compared to 250.7820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.1352 points.

H1 Avg (Jan–Jun) 267.9172
H2 Avg (Jul–Dec) 250.7820

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 261.4749 MRO (High: 262.2107 / Low: 0.7358). On the other end, January was the most stable month, with a tight range of 2.9075 MRO (High: 270.9676 / Low: 268.0602).

December Spread (Volatile) ±261.4749
January Spread (Stable) ±2.9075

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 77.3981 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -77.3981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 269.2006) against the same month in 2020 (average: 264.2765), the exchange rate shifted by +4.9241 (+1.86%).

2021 Avg (January) 269.2006
2020 Avg (January) 264.2765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 270.9676 268.0602 269.2006
February 270.7011 267.0441 268.8659
March 268.9041 264.3564 265.8631
April 269.5345 265.2676 267.3893
May 270.2926 267.1381 268.5738
June 269.9309 265.2775 267.6103
July 265.4274 261.2805 263.5249
August 265.5364 261.5767 263.5004
September 266.2390 262.1837 264.9046
October 265.8286 262.7510 264.2046
November 265.0366 260.3501 262.9778
December 262.2107 0.7358 185.5797