YEARLY HIGH
235.3484 HUF
YEARLY LOW
211.9496 HUF
YEARLY AVERAGE
223.1795 HUF

2020 SGD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 235.3484. Conversely, the yearly low was recorded on July 30, dropping to 211.9496.

This high-to-low spread represents a total annual volatility of 23.3989 HUF. From a start-to-finish perspective, comparing the January average rate of 222.7499 to the December average rate of 221.3616, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 235.3484 was up 5.20% compared to the 2019 peak of 223.7083, 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 1,176,742 HUF
2019 Average 1,065,292 HUF
Yearly Trough Low 1,059,748 HUF
Transaction Impact: A difference of 116,994.28 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

232.0064
213.7587
JanuMarcMayJulySeptNove

SGD to HUF 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 224.1193, compared to 222.2397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8796 points.

H1 Avg (Jan–Jun) 224.1193
H2 Avg (Jul–Dec) 222.2397

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 18.4069 HUF (High: 231.0808 / Low: 212.6739). On the other end, February was the most stable month, with a tight range of 4.9818 HUF (High: 225.1523 / Low: 220.1705).

March Spread (Volatile) ±18.4069
February Spread (Stable) ±4.9818

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.5257 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.5257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 230.4858) against the same month in 2019 (average: 210.9072), the exchange rate shifted by +19.5785 (+9.28%).

2020 Avg (April) 230.4858
2019 Avg (April) 210.9072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 225.9544 218.3139 222.7499
February 225.1523 220.1705 222.5584
March 231.0808 212.6739 220.5563
April 235.3484 226.5758 230.4858
May 230.4585 220.7294 226.7196
June 227.4502 217.5369 221.6458
July 225.7258 211.9496 220.8050
August 220.6566 212.2005 215.2793
September 228.5958 219.4255 223.7954
October 230.6026 222.5104 226.5196
November 230.7618 222.8806 225.6772
December 224.6200 218.2403 221.3616