2020 SGD to MZN Historical Review

YEARLY HIGH

56.6894 MZN

YEARLY LOW

45.5409 MZN

YEARLY AVERAGE

50.3677 MZN

2020 SGD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 56.6894. Conversely, the yearly low was recorded on March 23, dropping to 45.5409.

This high-to-low spread represents a total annual volatility of 11.1485 MZN. From a start-to-finish perspective, comparing the January average rate of 46.3036 to the December average rate of 55.9165, the exchange rate registered a net change of 20.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 56.6894 was up 17.05% compared to the 2019 peak of 48.4316, 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 283,447 MZN

2019 Average 229,323 MZN

Yearly Trough Low 227,704 MZN

Transaction Impact: A difference of 55,742.71 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

56.8778

45.3423

JanuMarcMayJulySeptNove

SGD to MZN 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 47.4865, compared to 53.2489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7624 points.

H1 Avg (Jan–Jun) 47.4865

H2 Avg (Jul–Dec) 53.2489

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.2224 MZN (High: 47.7633 / Low: 45.5409). On the other end, September was the most stable month, with a tight range of 0.6446 MZN (High: 52.9855 / Low: 52.3409).

March Spread (Volatile) ±2.2224

September Spread (Stable) ±0.6446

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 55.9165) against the same month in 2019 (average: 46.5264), the exchange rate shifted by +9.3902 (+20.18%).

2020 Avg (December) 55.9165

2019 Avg (December) 46.5264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.0632	45.5936	46.3036
February	46.8661	45.7636	46.3828
March	47.7633	45.5409	46.6300
April	48.0369	46.4602	47.2357
May	49.1383	47.6803	48.3052
June	50.4098	49.2906	50.0615
July	51.6274	50.2752	50.7514
August	52.6913	51.4906	51.9907
September	52.9855	52.3409	52.6324
October	53.7770	53.0731	53.4797
November	55.4069	53.4854	54.7225
December	56.6894	55.1670	55.9165