2020 SGD to CVE Historical Review

YEARLY HIGH

178.9265 CVE

YEARLY LOW

67.5390 CVE

YEARLY AVERAGE

70.6879 CVE

2020 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 178.9265. Conversely, the yearly low was recorded on August 23, dropping to 67.5390.

This high-to-low spread represents a total annual volatility of 111.3875 CVE. From a start-to-finish perspective, comparing the January average rate of 73.7745 to the December average rate of 68.2516, the exchange rate registered a net change of -7.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 178.9265 was up 142.16% compared to the 2019 peak of 73.8865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 894,632 CVE

2019 Average 362,138 CVE

Yearly Trough Low 337,695 CVE

Transaction Impact: A difference of 556,937.38 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

74.9182

67.5735

JanuMarcMayJulySeptNove

SGD to CVE 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 72.4493, compared to 68.9265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5228 points.

H1 Avg (Jan–Jun) 72.4493

H2 Avg (Jul–Dec) 68.9265

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 109.8148 CVE (High: 178.9265 / Low: 69.1117). On the other end, October was the most stable month, with a tight range of 0.8476 CVE (High: 69.5996 / Low: 68.7520).

March Spread (Volatile) ±109.8148

October Spread (Stable) ±0.8476

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 2.7619 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 74.3061) against the same month in 2019 (average: 72.2383), the exchange rate shifted by +2.0679 (+2.86%).

2020 Avg (March) 74.3061

2019 Avg (March) 72.2383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	74.3317	73.3328	73.7745
February	73.5547	72.2651	73.0169
March	178.9265	69.1117	74.3061
April	72.2666	70.3917	71.5443
May	72.6257	70.4768	71.4631
June	70.9020	69.9100	70.5908
July	72.8190	68.2645	69.7936
August	68.9133	67.5390	68.1856
September	69.3417	67.9938	68.6821
October	69.5996	68.7520	69.1971
November	69.9276	68.8556	69.4490
December	68.7536	67.8149	68.2516