2020 NZD to SGD Historical Review

YEARLY HIGH

0.9545 SGD

YEARLY LOW

0.8186 SGD

YEARLY AVERAGE

0.8964 SGD

2020 NZD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.9545. Conversely, the yearly low was recorded on March 22, dropping to 0.8186.

This high-to-low spread represents a total annual volatility of 0.1359 SGD. From a start-to-finish perspective, comparing the January average rate of 0.8932 to the December average rate of 0.9453, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9545 was up 2.19% compared to the 2019 peak of 0.9340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,772 SGD

2019 Average 4,495 SGD

Yearly Trough Low 4,093 SGD

Transaction Impact: A difference of 679.50 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9543

0.8465

JanuMarcMayJulySeptNove

NZD 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 0.8757, compared to 0.9171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 0.8757

H2 Avg (Jul–Dec) 0.9171

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0597 SGD (High: 0.8783 / Low: 0.8186). On the other end, December was the most stable month, with a tight range of 0.0158 SGD (High: 0.9545 / Low: 0.9387).

March Spread (Volatile) ±0.0597

December Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0320 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9453) against the same month in 2019 (average: 0.8954), the exchange rate shifted by +0.0499 (+5.57%).

2020 Avg (December) 0.9453

2019 Avg (December) 0.8954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9061	0.8822	0.8932
February	0.8962	0.8707	0.8879
March	0.8783	0.8186	0.8559
April	0.8664	0.8428	0.8555
May	0.8784	0.8466	0.8635
June	0.9113	0.8846	0.8986
July	0.9224	0.9031	0.9141
August	0.9160	0.8938	0.9044
September	0.9218	0.8982	0.9110
October	0.9125	0.8927	0.9027
November	0.9410	0.9023	0.9254
December	0.9545	0.9387	0.9453