YEARLY HIGH
2.7546 QAR
YEARLY LOW
2.4989 QAR
YEARLY AVERAGE
2.6406 QAR

2020 SGD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.7546. Conversely, the yearly low was recorded on March 23, dropping to 2.4989.

This high-to-low spread represents a total annual volatility of 0.2557 QAR. From a start-to-finish perspective, comparing the January average rate of 2.6953 to the December average rate of 2.7339, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7546 was up 1.82% compared to the 2019 peak of 2.7054, 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 13,773 QAR
2019 Average 13,347 QAR
Yearly Trough Low 12,494 QAR
Transaction Impact: A difference of 1,278.56 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7515
2.5401
JanuMarcMayJulySeptNove

SGD to QAR 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 2.6041, compared to 2.6772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0731 points.

H1 Avg (Jan–Jun) 2.6041
H2 Avg (Jul–Dec) 2.6772

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1460 QAR (High: 2.6449 / Low: 2.4989). On the other end, October was the most stable month, with a tight range of 0.0261 QAR (High: 2.6913 / Low: 2.6652).

March Spread (Volatile) ±0.1460
October Spread (Stable) ±0.0261

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 0.0743 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.7339) against the same month in 2019 (average: 2.6840), the exchange rate shifted by +0.0499 (+1.86%).

2020 Avg (December) 2.7339
2019 Avg (December) 2.6840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7066 2.6676 2.6953
February 2.6684 2.5976 2.6210
March 2.6449 2.4989 2.5709
April 2.5803 2.5286 2.5577
May 2.5820 2.5507 2.5674
June 2.6280 2.5854 2.6122
July 2.6550 2.6091 2.6238
August 2.6811 2.6450 2.6598
September 2.6825 2.6436 2.6645
October 2.6913 2.6652 2.6776
November 2.7220 2.6622 2.7035
December 2.7546 2.7215 2.7339