YEARLY HIGH
47438.7990 IRR
YEARLY LOW
28901.3004 IRR
YEARLY AVERAGE
30584.0068 IRR

2020 SGD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 47438.7990. Conversely, the yearly low was recorded on March 23, dropping to 28901.3004.

This high-to-low spread represents a total annual volatility of 18537.4986 IRR. From a start-to-finish perspective, comparing the January average rate of 31169.8797 to the December average rate of 31609.0612, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 47438.7990 was up 49.50% compared to the 2019 peak of 31732.1154, 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 237,193,995 IRR
2019 Average 154,525,975 IRR
Yearly Trough Low 144,506,502 IRR
Transaction Impact: A difference of 92,687,493.03 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31812.3101
29373.3232
JanuMarcMayJulySeptNove

SGD to IRR 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 30116.9217, compared to 31051.0920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 934.1703 points.

H1 Avg (Jan–Jun) 30116.9217
H2 Avg (Jul–Dec) 31051.0920

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 17260.3516 IRR (High: 47438.7990 / Low: 30178.4474). On the other end, October was the most stable month, with a tight range of 301.5753 IRR (High: 31122.0341 / Low: 30820.4588).

July Spread (Volatile) ±17260.3516
October Spread (Stable) ±301.5753

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 858.0884 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -858.0884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 30902.5608) against the same month in 2019 (average: 30923.5290), the exchange rate shifted by -20.9682 (-0.07%).

2020 Avg (July) 30902.5608
2019 Avg (July) 30923.5290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31299.3175 30875.1792 31169.8797
February 30883.9714 30034.7320 30311.7913
March 30607.1693 28901.3004 29741.0587
April 29838.5297 29241.6140 29576.5721
May 29860.4742 29497.1715 29689.7166
June 30390.8916 29897.7491 30212.5118
July 47438.7990 30178.4474 30902.5608
August 30998.3067 30589.6712 30750.3082
September 31021.2592 30570.6818 30813.7204
October 31122.0341 30820.4588 30964.8591
November 31477.9968 30786.1153 31266.0422
December 31852.4341 31472.1381 31609.0612