YEARLY HIGH
0.0379 SGD
YEARLY LOW
0.0332 SGD
YEARLY AVERAGE
0.0352 SGD

2020 MUR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0379. Conversely, the yearly low was recorded on December 3, dropping to 0.0332.

This high-to-low spread represents a total annual volatility of 0.0048 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0336, the exchange rate registered a net change of -8.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0379 was down 5.00% compared to the 2019 peak of 0.0399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190 SGD
2019 Average 192 SGD
Yearly Trough Low 166 SGD
Transaction Impact: A difference of 23.81 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0377
0.0333
JanuMarcMayJulySeptNove

MUR 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 0.0362, compared to 0.0342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0362
H2 Avg (Jul–Dec) 0.0342

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0014 SGD (High: 0.0366 / Low: 0.0352). On the other end, January was the most stable month, with a tight range of 0.0003 SGD (High: 0.0371 / Low: 0.0368).

April Spread (Volatile) ±0.0014
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0373) against the same month in 2019 (average: 0.0395), the exchange rate shifted by -0.0022 (-5.49%).

2020 Avg (February) 0.0373
2019 Avg (February) 0.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0371 0.0368 0.0369
February 0.0379 0.0370 0.0373
March 0.0375 0.0361 0.0369
April 0.0366 0.0352 0.0359
May 0.0358 0.0351 0.0355
June 0.0353 0.0346 0.0349
July 0.0351 0.0343 0.0347
August 0.0348 0.0342 0.0345
September 0.0346 0.0340 0.0343
October 0.0343 0.0338 0.0341
November 0.0342 0.0335 0.0337
December 0.0339 0.0332 0.0336