2020 SGD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SGD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SGD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 876.5289. Conversely, the yearly low was recorded on December 7, dropping to 811.4551.
This high-to-low spread represents a total annual volatility of 65.0738 KRW. From a start-to-finish perspective, comparing the January average rate of 863.1882 to the December average rate of 821.4361, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 876.5289 was down 0.26% compared to the 2019 peak of 878.8113, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SGD to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 862.2044, compared to 847.3640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.8404 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 28.7382 KRW (High: 872.7941 / Low: 844.0559). On the other end, August was the most stable month, with a tight range of 10.2925 KRW (High: 873.1888 / Low: 862.8963).
Growth Streaks & Declines
TrendsBetween March and May, 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 September and October, when the average rate fell by 20.4808 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 860.1265) against the same month in 2019 (average: 829.4604), the exchange rate shifted by +30.6660 (+3.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 876.2487 | 857.5311 | 863.1882 |
| February | 876.5289 | 849.0940 | 860.1265 |
| March | 872.7941 | 844.0559 | 858.5132 |
| April | 865.9646 | 852.6659 | 858.8613 |
| May | 873.3171 | 862.6973 | 866.6296 |
| June | 872.0826 | 859.4765 | 865.9073 |
| July | 869.6888 | 856.3423 | 864.1399 |
| August | 873.1888 | 862.8963 | 867.0980 |
| September | 873.0575 | 850.7617 | 862.0251 |
| October | 855.6045 | 827.5296 | 841.5443 |
| November | 833.0369 | 822.2635 | 827.9403 |
| December | 830.9112 | 811.4551 | 821.4361 |