2020 SGD to MVR Historical Review

YEARLY HIGH

11.6501 MVR

YEARLY LOW

10.5708 MVR

YEARLY AVERAGE

11.1881 MVR

2020 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.6501. Conversely, the yearly low was recorded on March 23, dropping to 10.5708.

This high-to-low spread represents a total annual volatility of 1.0793 MVR. From a start-to-finish perspective, comparing the January average rate of 11.4407 to the December average rate of 11.5708, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.6501 was up 1.08% compared to the 2019 peak of 11.5252, 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 58,251 MVR

2019 Average 56,612 MVR

Yearly Trough Low 52,854 MVR

Transaction Impact: A difference of 5,396.56 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.6448

10.7576

JanuMarcMayJulySeptNove

SGD to MVR 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 11.0487, compared to 11.3275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2789 points.

H1 Avg (Jan–Jun) 11.0487

H2 Avg (Jul–Dec) 11.3275

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6869 MVR (High: 11.2577 / Low: 10.5708). On the other end, October was the most stable month, with a tight range of 0.1177 MVR (High: 11.3903 / Low: 11.2727).

March Spread (Volatile) ±0.6869

October Spread (Stable) ±0.1177

Growth Streaks & Declines

Trends

Between April and December, 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 0.3176 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.5708) against the same month in 2019 (average: 11.3844), the exchange rate shifted by +0.1864 (+1.64%).

2020 Avg (December) 11.5708

2019 Avg (December) 11.3844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4850	11.3270	11.4407
February	11.3304	10.9807	11.1231
March	11.2577	10.5708	10.9085
April	10.9489	10.6952	10.8316
May	10.9719	10.8449	10.9087
June	11.1949	11.0062	11.0795
July	11.2297	11.0378	11.1005
August	11.3469	11.1955	11.2522
September	11.3535	11.1886	11.2741
October	11.3903	11.2727	11.3296
November	11.5131	11.2674	11.4380
December	11.6501	11.5110	11.5708