YEARLY HIGH
1102.8335 MMK
YEARLY LOW
940.8732 MMK
YEARLY AVERAGE
997.5503 MMK

2020 SGD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1102.8335. Conversely, the yearly low was recorded on November 1, dropping to 940.8732.

This high-to-low spread represents a total annual volatility of 161.9603 MMK. From a start-to-finish perspective, comparing the January average rate of 1087.0825 to the December average rate of 1003.7188, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1102.8335 was down 3.68% compared to the 2019 peak of 1144.9809, 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 5,514,167 MMK
2019 Average 5,577,276 MMK
Yearly Trough Low 4,704,366 MMK
Transaction Impact: A difference of 809,801.40 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1100.7635
936.5916
JanuMarcMayJulySeptNove

SGD to MMK 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 1017.8697, compared to 977.2309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 40.6388 points.

H1 Avg (Jan–Jun) 1017.8697
H2 Avg (Jul–Dec) 977.2309

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 72.5237 MMK (High: 1030.3276 / Low: 957.8039). On the other end, May was the most stable month, with a tight range of 18.1802 MMK (High: 996.6314 / Low: 978.4512).

March Spread (Volatile) ±72.5237
May Spread (Stable) ±18.1802

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 55.1688 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -55.1688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1087.0825) against the same month in 2019 (average: 1130.2384), the exchange rate shifted by -43.1559 (-3.82%).

2020 Avg (January) 1087.0825
2019 Avg (January) 1130.2384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1102.8335 1071.7790 1087.0825
February 1072.0948 1030.9128 1044.0198
March 1030.3276 957.8039 988.8510
April 1017.5873 970.7607 997.8787
May 996.6314 978.4512 989.0901
June 1012.2190 983.7571 1000.2961
July 1004.6118 977.2363 986.1103
August 1000.1507 975.2557 991.2084
September 979.6005 949.4977 967.1529
October 961.0922 941.9490 950.2726
November 983.0788 940.8732 964.9221
December 1038.6312 985.7420 1003.7188