2020 SGD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SGD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SGD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 10.7075. Conversely, the yearly low was recorded on March 23, dropping to 5.1193.
This high-to-low spread represents a total annual volatility of 5.5882 SRD. From a start-to-finish perspective, comparing the January average rate of 5.5209 to the December average rate of 10.6255, the exchange rate registered a net change of 92.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.7075 was up 93.21% compared to the 2019 peak of 5.5419, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SGD to SRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.3338, compared to 8.2146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8807 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 4.9299 SRD (High: 10.3687 / Low: 5.4387). On the other end, May was the most stable month, with a tight range of 0.0578 SRD (High: 5.2826 / Low: 5.2248).
Growth Streaks & Declines
TrendsBetween 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 0.1523 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 10.6255) against the same month in 2019 (average: 5.4980), the exchange rate shifted by +5.1275 (+93.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5440 | 5.4642 | 5.5209 |
| February | 5.4658 | 5.3200 | 5.3686 |
| March | 5.4168 | 5.1193 | 5.2663 |
| April | 5.2853 | 5.1795 | 5.2389 |
| May | 5.2826 | 5.2248 | 5.2576 |
| June | 5.3831 | 5.2957 | 5.3507 |
| July | 5.4384 | 5.3442 | 5.3744 |
| August | 5.4915 | 5.4183 | 5.4468 |
| September | 10.3687 | 5.4387 | 6.9221 |
| October | 10.4620 | 10.3606 | 10.4091 |
| November | 10.5816 | 10.3490 | 10.5096 |
| December | 10.7075 | 10.5797 | 10.6255 |