2020 SGD to GNF Historical Review

YEARLY HIGH

7566.3626 GNF

YEARLY LOW

6492.7226 GNF

YEARLY AVERAGE

6978.4598 GNF

2020 SGD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 7566.3626. Conversely, the yearly low was recorded on March 21, dropping to 6492.7226.

This high-to-low spread represents a total annual volatility of 1073.6399 GNF. From a start-to-finish perspective, comparing the January average rate of 7021.2268 to the December average rate of 7465.2313, the exchange rate registered a net change of 6.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 7566.3626 was up 6.73% compared to the 2019 peak of 7089.4478, 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 37,831,813 GNF

2019 Average 33,835,523 GNF

Yearly Trough Low 32,463,613 GNF

Transaction Impact: A difference of 5,368,199.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7544.8462

6589.4675

JanuMarcMayJulySeptNove

SGD to GNF 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 6788.6414, compared to 7168.2783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 379.6369 points.

H1 Avg (Jan–Jun) 6788.6414

H2 Avg (Jul–Dec) 7168.2783

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 402.0107 GNF (High: 6894.7333 / Low: 6492.7226). On the other end, October was the most stable month, with a tight range of 79.1820 GNF (High: 7227.6689 / Low: 7148.4869).

March Spread (Volatile) ±402.0107

October Spread (Stable) ±79.1820

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 203.9837 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -203.9837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 7465.2313) against the same month in 2019 (average: 6987.9682), the exchange rate shifted by +477.2631 (+6.83%).

2020 Avg (December) 7465.2313

2019 Avg (December) 6987.9682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7135.5535	6896.2359	7021.2268
February	6981.0224	6741.7218	6817.2430
March	6894.7333	6492.7226	6691.9037
April	6760.5494	6539.1027	6669.0824
May	6748.5972	6604.0181	6678.2154
June	6918.5823	6761.3482	6854.1768
July	7025.1400	6895.7855	6937.7033
August	7112.6126	6993.7445	7043.3019
September	7170.5938	7042.7639	7099.4590
October	7227.6689	7148.4869	7192.8187
November	7344.1439	7164.6065	7271.1557
December	7566.3626	7340.1353	7465.2313