2020 SGD to MAD Historical Review

YEARLY HIGH

7.2331 MAD

YEARLY LOW

6.6753 MAD

YEARLY AVERAGE

6.8825 MAD

2020 SGD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 7.2331. Conversely, the yearly low was recorded on December 20, dropping to 6.6753.

This high-to-low spread represents a total annual volatility of 0.5577 MAD. From a start-to-finish perspective, comparing the January average rate of 7.1123 to the December average rate of 6.7430, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.2331 was up 1.30% compared to the 2019 peak of 7.1405, 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 36,165 MAD

2019 Average 35,248 MAD

Yearly Trough Low 33,377 MAD

Transaction Impact: A difference of 2,788.70 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7.1558

6.7055

JanuMarcMayJulySeptNove

SGD to MAD 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 6.9866, compared to 6.7783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2084 points.

H1 Avg (Jan–Jun) 6.9866

H2 Avg (Jul–Dec) 6.7783

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3979 MAD (High: 7.1074 / Low: 6.7096). On the other end, November was the most stable month, with a tight range of 0.0526 MAD (High: 6.7991 / Low: 6.7464).

March Spread (Volatile) ±0.3979

November Spread (Stable) ±0.0526

Growth Streaks & Declines

Trends

Between August and November, 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 0.1746 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 7.1183) against the same month in 2019 (average: 7.1067), the exchange rate shifted by +0.0116 (+0.16%).

2020 Avg (April) 7.1183

2019 Avg (April) 7.1067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.1469	7.0309	7.1123
February	7.0423	6.8882	6.9653
March	7.1074	6.7096	6.8356
April	7.2331	6.9572	7.1183
May	6.9986	6.9216	6.9437
June	6.9718	6.9026	6.9448
July	6.9710	6.7792	6.8826
August	6.8048	6.6886	6.7430
September	6.8141	6.7006	6.7492
October	6.8103	6.7232	6.7709
November	6.7991	6.7464	6.7811
December	6.9755	6.6753	6.7430