2020 BGN to SGD Historical Review

YEARLY HIGH

0.8339 SGD

YEARLY LOW

0.7619 SGD

YEARLY AVERAGE

0.8045 SGD

2020 BGN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8339. Conversely, the yearly low was recorded on January 25, dropping to 0.7619.

This high-to-low spread represents a total annual volatility of 0.0721 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7669 to the December average rate of 0.8289, the exchange rate registered a net change of 8.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8339 was up 3.97% compared to the 2019 peak of 0.8021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,170 SGD

2019 Average 3,904 SGD

Yearly Trough Low 3,809 SGD

Transaction Impact: A difference of 360.42 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8351

0.7607

JanuMarcMayJulySeptNove

BGN 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 0.7879, compared to 0.8212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0333 points.

H1 Avg (Jan–Jun) 0.7879

H2 Avg (Jul–Dec) 0.8212

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0301 SGD (High: 0.8313 / Low: 0.8012). On the other end, November was the most stable month, with a tight range of 0.0073 SGD (High: 0.8185 / Low: 0.8112).

July Spread (Volatile) ±0.0301

November Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0095 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8289) against the same month in 2019 (average: 0.7706), the exchange rate shifted by +0.0583 (+7.56%).

2020 Avg (December) 0.8289

2019 Avg (December) 0.7706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7730	0.7619	0.7669
February	0.7861	0.7688	0.7756
March	0.8130	0.7877	0.8006
April	0.8037	0.7841	0.7911
May	0.8025	0.7824	0.7913
June	0.8103	0.7973	0.8020
July	0.8313	0.8012	0.8130
August	0.8331	0.8247	0.8283
September	0.8284	0.8178	0.8231
October	0.8236	0.8138	0.8183
November	0.8185	0.8112	0.8156
December	0.8339	0.8260	0.8289