2020 GMD to SGD Historical Review

YEARLY HIGH

0.0286 SGD

YEARLY LOW

0.0255 SGD

YEARLY AVERAGE

0.0268 SGD

2020 GMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0286. Conversely, the yearly low was recorded on December 31, dropping to 0.0255.

This high-to-low spread represents a total annual volatility of 0.0031 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0264 to the December average rate of 0.0257, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0286 was up 2.93% compared to the 2019 peak of 0.0278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143 SGD

2019 Average 136 SGD

Yearly Trough Low 128 SGD

Transaction Impact: A difference of 15.43 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0281

0.0255

JanuMarcMayJulySeptNove

GMD 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 0.0273, compared to 0.0263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0273

H2 Avg (Jul–Dec) 0.0263

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 SGD (High: 0.0286 / Low: 0.0270). On the other end, October was the most stable month, with a tight range of 0.0003 SGD (High: 0.0264 / Low: 0.0261).

March Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0278) against the same month in 2019 (average: 0.0273), the exchange rate shifted by +0.0005 (+1.94%).

2020 Avg (March) 0.0278

2019 Avg (March) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0267	0.0262	0.0264
February	0.0276	0.0267	0.0272
March	0.0286	0.0270	0.0278
April	0.0283	0.0276	0.0279
May	0.0278	0.0274	0.0276
June	0.0273	0.0269	0.0270
July	0.0271	0.0265	0.0268
August	0.0266	0.0262	0.0264
September	0.0266	0.0262	0.0264
October	0.0264	0.0261	0.0263
November	0.0264	0.0258	0.0260
December	0.0258	0.0255	0.0257