2020 SGD to NGN Historical Review

YEARLY HIGH

297.2060 NGN

YEARLY LOW

251.2180 NGN

YEARLY AVERAGE

275.7361 NGN

2020 SGD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 297.2060. Conversely, the yearly low was recorded on March 25, dropping to 251.2180.

This high-to-low spread represents a total annual volatility of 45.9880 NGN. From a start-to-finish perspective, comparing the January average rate of 268.1738 to the December average rate of 288.1788, the exchange rate registered a net change of 7.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 297.2060 was up 10.05% compared to the 2019 peak of 270.0595, 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 1,486,030 NGN

2019 Average 1,319,870 NGN

Yearly Trough Low 1,256,090 NGN

Transaction Impact: A difference of 229,939.77 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

290.8208

259.1173

JanuMarcMayJulySeptNove

SGD to NGN 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 269.1037, compared to 282.3685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.2648 points.

H1 Avg (Jan–Jun) 269.1037

H2 Avg (Jul–Dec) 282.3685

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 24.1113 NGN (High: 275.3293 / Low: 251.2180). On the other end, June was the most stable month, with a tight range of 4.8543 NGN (High: 279.6929 / Low: 274.8386).

March Spread (Volatile) ±24.1113

June Spread (Stable) ±4.8543

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.1284 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.1284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 288.1788) against the same month in 2019 (average: 267.3115), the exchange rate shifted by +20.8673 (+7.81%).

2020 Avg (December) 288.1788

2019 Avg (December) 267.3115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	272.1574	265.2258	268.1738
February	265.4774	259.1504	262.0454
March	275.3293	251.2180	261.7593
April	276.2979	254.8788	270.3679
May	276.0671	271.1246	274.3218
June	279.6929	274.8386	277.9538
July	282.8957	277.7258	279.3350
August	285.2956	275.7139	281.3273
September	283.9523	276.2652	280.7862
October	284.1729	278.5301	280.9579
November	286.0801	278.1970	283.6254
December	297.2060	284.6243	288.1788