YEARLY HIGH
388.3123 SYP
YEARLY LOW
353.1978 SYP
YEARLY AVERAGE
372.2143 SYP

2020 SGD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 388.3123. Conversely, the yearly low was recorded on March 23, dropping to 353.1978.

This high-to-low spread represents a total annual volatility of 35.1145 SYP. From a start-to-finish perspective, comparing the January average rate of 381.2219 to the December average rate of 385.0157, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 388.3123 was up 1.47% compared to the 2019 peak of 382.6858, 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 1,941,561 SYP
2019 Average 1,888,061 SYP
Yearly Trough Low 1,765,989 SYP
Transaction Impact: A difference of 175,572.39 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

387.4480
358.2600
JanuMarcMayJulySeptNove

SGD to SYP 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 367.7079, compared to 376.7206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0127 points.

H1 Avg (Jan–Jun) 367.7079
H2 Avg (Jul–Dec) 376.7206

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 20.8344 SYP (High: 374.0321 / Low: 353.1978). On the other end, October was the most stable month, with a tight range of 3.3304 SYP (High: 378.4694 / Low: 375.1390).

March Spread (Volatile) ±20.8344
October Spread (Stable) ±3.3304

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 10.4932 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -10.4932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 385.0157) against the same month in 2019 (average: 379.6529), the exchange rate shifted by +5.3628 (+1.41%).

2020 Avg (December) 385.0157
2019 Avg (December) 379.6529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 382.8546 377.3272 381.2219
February 377.4420 367.3927 370.7287
March 374.0321 353.1978 363.4940
April 363.6501 357.1584 360.6924
May 363.8690 359.3338 361.8548
June 370.3678 364.3579 368.2558
July 373.2605 367.5876 369.5857
August 376.6418 372.4094 373.7955
September 376.8808 371.8482 374.3524
October 378.4694 375.1390 376.7969
November 383.4517 374.8470 380.7775
December 388.3123 383.3902 385.0157