2020 SGD to MGA Historical Review

YEARLY HIGH

2961.0482 MGA

YEARLY LOW

2562.0647 MGA

YEARLY AVERAGE

2763.1572 MGA

2020 SGD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2961.0482. Conversely, the yearly low was recorded on March 16, dropping to 2562.0647.

This high-to-low spread represents a total annual volatility of 398.9836 MGA. From a start-to-finish perspective, comparing the January average rate of 2724.9084 to the December average rate of 2866.4867, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2961.0482 was up 7.61% compared to the 2019 peak of 2751.7498, 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 14,805,241 MGA

2019 Average 13,315,672 MGA

Yearly Trough Low 12,810,323 MGA

Transaction Impact: A difference of 1,994,917.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2940.0979

2599.8997

JanuMarcMayJulySeptNove

SGD to MGA 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 2683.4850, compared to 2842.8293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 159.3443 points.

H1 Avg (Jan–Jun) 2683.4850

H2 Avg (Jul–Dec) 2842.8293

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 161.3451 MGA (High: 2941.9259 / Low: 2780.5808). On the other end, February was the most stable month, with a tight range of 34.9631 MGA (High: 2689.0375 / Low: 2654.0745).

December Spread (Volatile) ±161.3451

February Spread (Stable) ±34.9631

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 58.5826 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -58.5826

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2911.7480) against the same month in 2019 (average: 2710.1294), the exchange rate shifted by +201.6186 (+7.44%).

2020 Avg (November) 2911.7480

2019 Avg (November) 2710.1294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2762.6917	2655.9209	2724.9084
February	2689.0375	2654.0745	2666.3258
March	2684.2844	2562.0647	2628.2495
April	2709.5308	2604.5284	2650.9046
May	2698.9742	2659.8245	2685.3693
June	2783.8608	2687.1298	2745.1523
July	2793.6653	2754.7417	2770.1827
August	2835.0330	2760.0524	2802.4261
September	2853.5528	2808.9271	2825.3394
October	2908.9397	2857.4508	2880.7930
November	2961.0482	2823.9671	2911.7480
December	2941.9259	2780.5808	2866.4867