YEARLY HIGH
2162.1545 MNT
YEARLY LOW
1895.6001 MNT
YEARLY AVERAGE
2036.6907 MNT

2020 SGD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2162.1545. Conversely, the yearly low was recorded on March 23, dropping to 1895.6001.

This high-to-low spread represents a total annual volatility of 266.5544 MNT. From a start-to-finish perspective, comparing the January average rate of 2001.0120 to the December average rate of 2141.7888, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2162.1545 was up 7.94% compared to the 2019 peak of 2003.0280, 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 10,810,773 MNT
2019 Average 9,432,662 MNT
Yearly Trough Low 9,478,001 MNT
Transaction Impact: A difference of 1,332,772.07 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2161.1303
1929.0327
JanuMarcMayJulySeptNove

SGD to MNT 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 1978.5017, compared to 2094.8798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 116.3781 points.

H1 Avg (Jan–Jun) 1978.5017
H2 Avg (Jul–Dec) 2094.8798

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 108.3007 MNT (High: 2003.9008 / Low: 1895.6001). On the other end, February was the most stable month, with a tight range of 26.1045 MNT (High: 1990.9397 / Low: 1964.8353).

March Spread (Volatile) ±108.3007
February Spread (Stable) ±26.1045

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 28.6342 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -28.6342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2141.7888) against the same month in 2019 (average: 1987.6957), the exchange rate shifted by +154.0931 (+7.75%).

2020 Avg (December) 2141.7888
2019 Avg (December) 1987.6957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2008.5986 1981.6453 2001.0120
February 1990.9397 1964.8353 1977.0084
March 2003.9008 1895.6001 1948.3742
April 1976.4707 1925.2699 1955.1597
May 1986.1042 1958.2198 1970.3627
June 2031.4246 1991.6965 2019.0931
July 2075.7547 2025.1526 2043.6298
August 2100.1024 2067.6739 2080.3237
September 2108.3476 2076.3933 2093.2757
October 2113.6036 2080.0257 2096.1194
November 2132.6340 2088.3541 2114.1411
December 2162.1545 2128.5683 2141.7888