YEARLY HIGH
876.5289 KRW
YEARLY LOW
811.4551 KRW
YEARLY AVERAGE
854.7842 KRW

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 4,382,645 KRW
2019 Average 4,270,690 KRW
Yearly Trough Low 4,057,276 KRW
Transaction Impact: A difference of 325,369.04 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

871.6642
816.8699
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 862.2044
H2 Avg (Jul–Dec) 847.3640

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±28.7382
August Spread (Stable) ±10.2925

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.4808

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (February) 860.1265
2019 Avg (February) 829.4604

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