YEARLY HIGH
0.2054 SGD
YEARLY LOW
0.1932 SGD
YEARLY AVERAGE
0.1999 SGD

2020 CNY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.2054. Conversely, the yearly low was recorded on January 1, dropping to 0.1932.

This high-to-low spread represents a total annual volatility of 0.0122 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1951 to the December average rate of 0.2037, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2054 was up 1.28% compared to the 2019 peak of 0.2028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 5,135 SGD
2019 Average 4,937 SGD
Yearly Trough Low 4,830 SGD
Transaction Impact: A difference of 305.50 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2049
0.1942
JanuMarcMayJulySeptNove

CNY 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 0.1989, compared to 0.2010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1989
H2 Avg (Jul–Dec) 0.2010

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0071 SGD (High: 0.2054 / Low: 0.1983). On the other end, November was the most stable month, with a tight range of 0.0015 SGD (High: 0.2047 / Low: 0.2032).

March Spread (Volatile) ±0.0071
November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and November, 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 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2016) against the same month in 2019 (average: 0.2017), the exchange rate shifted by -0.0001 (-0.05%).

2020 Avg (March) 0.2016
2019 Avg (March) 0.2017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1968 0.1932 0.1951
February 0.1996 0.1951 0.1986
March 0.2054 0.1983 0.2016
April 0.2030 0.1994 0.2013
May 0.2010 0.1978 0.1997
June 0.1977 0.1959 0.1968
July 0.1991 0.1957 0.1979
August 0.1987 0.1968 0.1976
September 0.2018 0.1993 0.2005
October 0.2042 0.2000 0.2022
November 0.2047 0.2032 0.2040
December 0.2048 0.2023 0.2037