2020 MAD to SGD Historical Review

YEARLY HIGH

0.1498 SGD

YEARLY LOW

0.1383 SGD

YEARLY AVERAGE

0.1454 SGD

2020 MAD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1498. Conversely, the yearly low was recorded on April 11, dropping to 0.1383.

This high-to-low spread represents a total annual volatility of 0.0116 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1406 to the December average rate of 0.1483, the exchange rate registered a net change of 5.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1498 was up 2.31% compared to the 2019 peak of 0.1464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 749 SGD

2019 Average 709 SGD

Yearly Trough Low 691 SGD

Transaction Impact: A difference of 57.76 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1491

0.1397

JanuMarcMayJulySeptNove

MAD 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 0.1432, compared to 0.1475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1432

H2 Avg (Jul–Dec) 0.1475

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0083 SGD (High: 0.1490 / Low: 0.1407). On the other end, November was the most stable month, with a tight range of 0.0011 SGD (High: 0.1482 / Low: 0.1471).

March Spread (Volatile) ±0.0083

November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1483) against the same month in 2019 (average: 0.1410), the exchange rate shifted by +0.0073 (+5.20%).

2020 Avg (December) 0.1483

2019 Avg (December) 0.1410

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1422	0.1399	0.1406
February	0.1452	0.1420	0.1436
March	0.1490	0.1407	0.1463
April	0.1437	0.1383	0.1405
May	0.1445	0.1429	0.1440
June	0.1449	0.1434	0.1440
July	0.1475	0.1435	0.1453
August	0.1495	0.1470	0.1483
September	0.1492	0.1468	0.1482
October	0.1487	0.1468	0.1477
November	0.1482	0.1471	0.1475
December	0.1498	0.1434	0.1483