YEARLY HIGH
1.6307 FJD
YEARLY LOW
1.5342 FJD
YEARLY AVERAGE
1.5717 FJD

2020 SGD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.6307. Conversely, the yearly low was recorded on December 21, dropping to 1.5342.

This high-to-low spread represents a total annual volatility of 0.0964 FJD. From a start-to-finish perspective, comparing the January average rate of 1.6035 to the December average rate of 1.5440, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6307 was up 0.61% compared to the 2019 peak of 1.6209, 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 8,153 FJD
2019 Average 7,899 FJD
Yearly Trough Low 7,671 FJD
Transaction Impact: A difference of 482.17 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6109
1.5379
JanuMarcMayJulySeptNove

SGD to FJD 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 1.5886, compared to 1.5549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 1.5886
H2 Avg (Jul–Dec) 1.5549

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0546 FJD (High: 1.6307 / Low: 1.5761). On the other end, January was the most stable month, with a tight range of 0.0164 FJD (High: 1.6097 / Low: 1.5933).

March Spread (Volatile) ±0.0546
January Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0183 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.6048) against the same month in 2019 (average: 1.5717), the exchange rate shifted by +0.0331 (+2.11%).

2020 Avg (March) 1.6048
2019 Avg (March) 1.5717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6097 1.5933 1.6035
February 1.6019 1.5752 1.5851
March 1.6307 1.5761 1.6048
April 1.6239 1.5751 1.5964
May 1.5948 1.5642 1.5791
June 1.5762 1.5519 1.5624
July 1.5562 1.5386 1.5473
August 1.5614 1.5428 1.5540
September 1.5660 1.5439 1.5543
October 1.5818 1.5536 1.5688
November 1.5895 1.5489 1.5610
December 1.5552 1.5342 1.5440