YEARLY HIGH
30.1394 MUR
YEARLY LOW
26.3566 MUR
YEARLY AVERAGE
28.4430 MUR

2020 SGD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 30.1394. Conversely, the yearly low was recorded on February 9, dropping to 26.3566.

This high-to-low spread represents a total annual volatility of 3.7828 MUR. From a start-to-finish perspective, comparing the January average rate of 27.0840 to the December average rate of 29.7310, the exchange rate registered a net change of 9.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 30.1394 was up 11.35% compared to the 2019 peak of 27.0664, 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 150,697 MUR
2019 Average 130,401 MUR
Yearly Trough Low 131,783 MUR
Transaction Impact: A difference of 18,914.13 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30.0251
26.4962
JanuMarcMayJulySeptNove

SGD to MUR 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 27.6150, compared to 29.2710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6560 points.

H1 Avg (Jan–Jun) 27.6150
H2 Avg (Jul–Dec) 29.2710

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 1.1031 MUR (High: 28.4223 / Low: 27.3193). On the other end, January was the most stable month, with a tight range of 0.2457 MUR (High: 27.1944 / Low: 26.9487).

April Spread (Volatile) ±1.1031
January Spread (Stable) ±0.2457

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2937 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.2937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 29.7310) against the same month in 2019 (average: 26.9446), the exchange rate shifted by +2.7864 (+10.34%).

2020 Avg (December) 29.7310
2019 Avg (December) 26.9446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.1944 26.9487 27.0840
February 27.0544 26.3566 26.7902
March 27.6772 26.6931 27.1237
April 28.4223 27.3193 27.8679
May 28.4811 27.9098 28.1453
June 28.9372 28.3611 28.6790
July 29.1749 28.5225 28.7960
August 29.2688 28.7676 29.0073
September 29.3902 28.8962 29.1215
October 29.5811 29.1723 29.3358
November 29.8806 29.2177 29.6344
December 30.1394 29.5266 29.7310