YEARLY HIGH
11653.6076 IDR
YEARLY LOW
9735.5122 IDR
YEARLY AVERAGE
10540.0471 IDR

2020 SGD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 11653.6076. Conversely, the yearly low was recorded on January 27, dropping to 9735.5122.

This high-to-low spread represents a total annual volatility of 1918.0954 IDR. From a start-to-finish perspective, comparing the January average rate of 10156.7499 to the December average rate of 10596.2791, the exchange rate registered a net change of 4.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11653.6076 was up 10.16% compared to the 2019 peak of 10579.2547, 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 58,268,038 IDR
2019 Average 51,816,735 IDR
Yearly Trough Low 48,677,561 IDR
Transaction Impact: A difference of 9,590,477.10 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11182.2076
9780.4233
JanuMarcMayJulySeptNove

SGD to IDR 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 10413.3011, compared to 10666.7931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 253.4920 points.

H1 Avg (Jan–Jun) 10413.3011
H2 Avg (Jul–Dec) 10666.7931

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1663.9094 IDR (High: 11653.6076 / Low: 9989.6982). On the other end, December was the most stable month, with a tight range of 150.0059 IDR (High: 10678.3165 / Low: 10528.3107).

March Spread (Volatile) ±1663.9094
December Spread (Stable) ±150.0059

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 599.6621 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -599.6621

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 10705.6945) against the same month in 2019 (average: 10499.9696), the exchange rate shifted by +205.7249 (+1.96%).

2020 Avg (March) 10705.6945
2019 Avg (March) 10499.9696

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10328.0188 9735.5122 10156.7499
February 10090.4478 9779.7770 9897.2387
March 11653.6076 9989.6982 10705.6945
April 11560.1472 10732.9188 11065.3922
May 10849.0483 10299.6876 10465.7301
June 10480.4393 10023.5531 10189.0014
July 10692.5007 10226.9293 10466.7147
August 10882.2585 10577.6893 10727.8212
September 11001.2166 10765.6996 10851.8146
October 10892.1534 10680.3686 10813.1771
November 10711.8146 10422.1006 10544.9518
December 10678.3165 10528.3107 10596.2791