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2020 SGD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SGD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 16027.5030. Conversely, the yearly low was recorded on March 23, dropping to 15193.6337.
This high-to-low spread represents a total annual volatility of 833.8692 STD. From a start-to-finish perspective, comparing the January average rate of 15960.8100 to the December average rate of 15519.8449, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 16027.5030 was up 0.23% compared to the 2019 peak of 15990.8553, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
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SGD to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 15700.8222, compared to 15497.5694 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 203.2528 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 823.4056 STD (High: 16017.0393 / Low: 15193.6337). On the other end, February was the most stable month, with a tight range of 152.0704 STD (High: 15871.6639 / Low: 15719.5934).
Growth Streaks & Declines
TrendsBetween April and June, 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 July and August, when the average rate fell by 287.2413 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 15960.8100) against the same month in 2019 (average: 15521.9595), the exchange rate shifted by +438.8505 (+2.83%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 16027.5030 | 15796.8972 | 15960.8100 |
| February | 15871.6639 | 15719.5934 | 15792.4487 |
| March | 16017.0393 | 15193.6337 | 15607.1807 |
| April | 15626.6538 | 15315.4888 | 15491.8036 |
| May | 15618.4722 | 15447.6393 | 15544.7257 |
| June | 15915.6796 | 15657.4214 | 15807.9642 |
| July | 15783.1596 | 15551.9661 | 15706.6112 |
| August | 15580.9452 | 15288.9387 | 15419.3699 |
| September | 15442.3816 | 15270.3885 | 15342.1701 |
| October | 15545.7950 | 15312.7014 | 15438.6416 |
| November | 15625.3952 | 15384.6148 | 15558.7787 |
| December | 15669.9002 | 15345.0203 | 15519.8449 |