YEARLY HIGH
0.0751 SGD
YEARLY LOW
0.0569 SGD
YEARLY AVERAGE
0.0646 SGD

2020 MXN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0751. Conversely, the yearly low was recorded on April 26, dropping to 0.0569.

This high-to-low spread represents a total annual volatility of 0.0182 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0718 to the December average rate of 0.0668, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0751 was up 3.44% compared to the 2019 peak of 0.0726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 3,755 SGD
2019 Average 3,544 SGD
Yearly Trough Low 2,847 SGD
Transaction Impact: A difference of 908.89 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0752
0.0573
JanuMarcMayJulySeptNove

MXN 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 0.0652, compared to 0.0640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0652
H2 Avg (Jul–Dec) 0.0640

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0140 SGD (High: 0.0715 / Low: 0.0575). On the other end, January was the most stable month, with a tight range of 0.0017 SGD (High: 0.0728 / Low: 0.0711).

March Spread (Volatile) ±0.0140
January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0737) against the same month in 2019 (average: 0.0706), the exchange rate shifted by +0.0031 (+4.45%).

2020 Avg (February) 0.0737
2019 Avg (February) 0.0706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0728 0.0711 0.0718
February 0.0751 0.0710 0.0737
March 0.0715 0.0575 0.0638
April 0.0606 0.0569 0.0588
May 0.0638 0.0572 0.0605
June 0.0648 0.0604 0.0624
July 0.0628 0.0612 0.0620
August 0.0625 0.0606 0.0618
September 0.0650 0.0611 0.0632
October 0.0651 0.0624 0.0640
November 0.0671 0.0638 0.0660
December 0.0676 0.0659 0.0668