2021 MXN to SGD Historical Review

YEARLY HIGH

0.0682 SGD

YEARLY LOW

0.0626 SGD

YEARLY AVERAGE

0.0663 SGD

2021 MXN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0682. Conversely, the yearly low was recorded on November 27, dropping to 0.0626.

This high-to-low spread represents a total annual volatility of 0.0056 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0664 to the December average rate of 0.0653, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0682 was down 9.16% compared to the 2020 peak of 0.0751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 3,411 SGD

2020 Average 3,227 SGD

Yearly Trough Low 3,129 SGD

Transaction Impact: A difference of 282.24 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0682

0.0643

JanuMarcMayJulySeptNove

MXN to SGD 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 0.0660, compared to 0.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0660

H2 Avg (Jul–Dec) 0.0665

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0038 SGD (High: 0.0664 / Low: 0.0626). On the other end, July was the most stable month, with a tight range of 0.0009 SGD (High: 0.0682 / Low: 0.0673).

November Spread (Volatile) ±0.0038

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0679) against the same month in 2020 (average: 0.0620), the exchange rate shifted by +0.0060 (+9.61%).

2021 Avg (July) 0.0679

2020 Avg (July) 0.0620

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0676	0.0645	0.0664
February	0.0665	0.0634	0.0654
March	0.0658	0.0628	0.0647
April	0.0671	0.0657	0.0666
May	0.0675	0.0658	0.0666
June	0.0679	0.0650	0.0666
July	0.0682	0.0673	0.0679
August	0.0682	0.0665	0.0675
September	0.0675	0.0658	0.0673
October	0.0668	0.0650	0.0661
November	0.0664	0.0626	0.0650
December	0.0661	0.0636	0.0653