YEARLY HIGH
17.5650 MXN
YEARLY LOW
13.3140 MXN
YEARLY AVERAGE
15.5587 MXN

2020 SGD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 17.5650. Conversely, the yearly low was recorded on February 19, dropping to 13.3140.

This high-to-low spread represents a total annual volatility of 4.2511 MXN. From a start-to-finish perspective, comparing the January average rate of 13.9196 to the December average rate of 14.9766, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 17.5650 was up 21.03% compared to the 2019 peak of 14.5127, 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 87,825 MXN
2019 Average 70,550 MXN
Yearly Trough Low 66,570 MXN
Transaction Impact: A difference of 21,255.25 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.3545
13.2222
JanuMarcMayJulySeptNove

SGD to MXN 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 15.4685, compared to 15.6489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1803 points.

H1 Avg (Jan–Jun) 15.4685
H2 Avg (Jul–Dec) 15.6489

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.4041 MXN (High: 17.3854 / Low: 13.9813). On the other end, January was the most stable month, with a tight range of 0.3192 MXN (High: 14.0600 / Low: 13.7407).

March Spread (Volatile) ±3.4041
January Spread (Stable) ±0.3192

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.5079 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 17.0101) against the same month in 2019 (average: 13.9653), the exchange rate shifted by +3.0448 (+21.80%).

2020 Avg (April) 17.0101
2019 Avg (April) 13.9653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0600 13.7407 13.9196
February 14.0763 13.3140 13.5665
March 17.3854 13.9813 15.7496
April 17.5650 16.5101 17.0101
May 17.4960 15.6677 16.5366
June 16.5491 15.4401 16.0287
July 16.3454 15.9114 16.1414
August 16.5010 16.0083 16.1797
September 16.3635 15.3953 15.8290
October 16.0251 15.3622 15.6236
November 15.6632 14.9046 15.1430
December 15.1662 14.7940 14.9766