YEARLY HIGH
0.8094 SGD
YEARLY LOW
0.7344 SGD
YEARLY AVERAGE
0.7664 SGD

2020 AWG to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AWG to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.8094. Conversely, the yearly low was recorded on December 31, dropping to 0.7344.

This high-to-low spread represents a total annual volatility of 0.0750 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7505 to the December average rate of 0.7401, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8094 was up 4.69% compared to the 2019 peak of 0.7731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AWG based on timing:

Yearly Peak High 4,047 SGD
2019 Average 3,789 SGD
Yearly Trough Low 3,672 SGD
Transaction Impact: A difference of 374.91 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7960
0.7350
JanuMarcMayJulySeptNove

AWG 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 0.7771, compared to 0.7557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.7771
H2 Avg (Jul–Dec) 0.7557

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0445 SGD (High: 0.8094 / Low: 0.7649). On the other end, October was the most stable month, with a tight range of 0.0074 SGD (High: 0.7590 / Low: 0.7516).

March Spread (Volatile) ±0.0445
October Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.7870) against the same month in 2019 (average: 0.7515), the exchange rate shifted by +0.0355 (+4.73%).

2020 Avg (March) 0.7870
2019 Avg (March) 0.7515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7583 0.7474 0.7505
February 0.7788 0.7580 0.7718
March 0.8094 0.7649 0.7870
April 0.7999 0.7839 0.7909
May 0.7930 0.7843 0.7881
June 0.7824 0.7697 0.7743
July 0.7755 0.7619 0.7709
August 0.7647 0.7545 0.7607
September 0.7652 0.7535 0.7591
October 0.7590 0.7516 0.7554
November 0.7598 0.7431 0.7482
December 0.7432 0.7344 0.7401