2020 EUR to SGD Historical Review

YEARLY HIGH

1.6309 SGD

YEARLY LOW

1.4899 SGD

YEARLY AVERAGE

1.5741 SGD

2020 EUR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.6309. Conversely, the yearly low was recorded on January 24, dropping to 1.4899.

This high-to-low spread represents a total annual volatility of 0.1410 SGD. From a start-to-finish perspective, comparing the January average rate of 1.5000 to the December average rate of 1.6215, the exchange rate registered a net change of 8.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6309 was up 4.33% compared to the 2019 peak of 1.5632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,154 SGD

2019 Average 7,637 SGD

Yearly Trough Low 7,449 SGD

Transaction Impact: A difference of 704.84 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6337

1.4878

JanuMarcMayJulySeptNove

EUR 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 1.5419, compared to 1.6063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0644 points.

H1 Avg (Jan–Jun) 1.5419

H2 Avg (Jul–Dec) 1.6063

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0603 SGD (High: 1.6281 / Low: 1.5678). On the other end, November was the most stable month, with a tight range of 0.0132 SGD (High: 1.6019 / Low: 1.5887).

July Spread (Volatile) ±0.0603

November Spread (Stable) ±0.0132

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 0.0213 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.6215) against the same month in 2019 (average: 1.5073), the exchange rate shifted by +0.1142 (+7.58%).

2020 Avg (December) 1.6215

2019 Avg (December) 1.5073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5143	1.4899	1.5000
February	1.5365	1.5028	1.5166
March	1.5946	1.5428	1.5684
April	1.5715	1.5346	1.5471
May	1.5705	1.5316	1.5504
June	1.5847	1.5604	1.5686
July	1.6281	1.5678	1.5901
August	1.6292	1.6121	1.6198
September	1.6224	1.5980	1.6106
October	1.6110	1.5911	1.6001
November	1.6019	1.5887	1.5955
December	1.6309	1.6143	1.6215