YEARLY HIGH
428.4791 XOF
YEARLY LOW
403.1110 XOF
YEARLY AVERAGE
412.7738 XOF

2021 SGD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 428.4791. Conversely, the yearly low was recorded on May 20, dropping to 403.1110.

This high-to-low spread represents a total annual volatility of 25.3681 XOF. From a start-to-finish perspective, comparing the January average rate of 406.5490 to the December average rate of 425.5536, the exchange rate registered a net change of 4.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 428.4791 was down 2.68% compared to the 2020 peak of 440.2719, 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 2,142,396 XOF
2020 Average 2,084,610 XOF
Yearly Trough Low 2,015,555 XOF
Transaction Impact: A difference of 126,840.73 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

427.4806
404.3561
JanuMarcMayJulySeptNove

SGD to XOF 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 408.5270, compared to 417.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4936 points.

H1 Avg (Jan–Jun) 408.5270
H2 Avg (Jul–Dec) 417.0206

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 8.6043 XOF (High: 427.8764 / Low: 419.2720). On the other end, February was the most stable month, with a tight range of 3.7855 XOF (High: 410.1247 / Low: 406.3392).

November Spread (Volatile) ±8.6043
February Spread (Stable) ±3.7855

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 4.4560 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -4.4560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 425.5536) against the same month in 2020 (average: 404.5341), the exchange rate shifted by +21.0195 (+5.20%).

2021 Avg (December) 425.5536
2020 Avg (December) 404.5341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 409.0070 403.5193 406.5490
February 410.1247 406.3392 408.4775
March 415.8425 408.1511 410.5479
April 414.4863 408.0004 410.7391
May 410.0502 403.1110 406.2831
June 411.2054 405.9548 408.5653
July 412.2777 407.4498 409.3945
August 413.3095 408.0626 411.3646
September 417.2355 411.3984 413.4972
October 420.6451 416.0040 418.6031
November 427.8764 419.2720 423.7108
December 428.4791 422.3929 425.5536