2020 SGD to SZL Historical Review

YEARLY HIGH

13.3931 SZL

YEARLY LOW

10.3796 SZL

YEARLY AVERAGE

11.9182 SZL

2020 SGD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 13.3931. Conversely, the yearly low was recorded on January 4, dropping to 10.3796.

This high-to-low spread represents a total annual volatility of 3.0135 SZL. From a start-to-finish perspective, comparing the January average rate of 10.6274 to the December average rate of 11.1863, the exchange rate registered a net change of 5.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.3931 was up 20.12% compared to the 2019 peak of 11.1496, 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 66,966 SZL

2019 Average 52,943 SZL

Yearly Trough Low 51,898 SZL

Transaction Impact: A difference of 15,067.59 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.2774

10.3865

JanuMarcMayJulySeptNove

SGD to SZL 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 11.8822, compared to 11.9542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0720 points.

H1 Avg (Jan–Jun) 11.8822

H2 Avg (Jul–Dec) 11.9542

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.6160 SZL (High: 12.5685 / Low: 10.9525). On the other end, February was the most stable month, with a tight range of 0.3490 SZL (High: 11.0006 / Low: 10.6516).

March Spread (Volatile) ±1.6160

February Spread (Stable) ±0.3490

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5733 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 13.0365) against the same month in 2019 (average: 10.4262), the exchange rate shifted by +2.6103 (+25.04%).

2020 Avg (April) 13.0365

2019 Avg (April) 10.4262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8252	10.3796	10.6274
February	11.0006	10.6516	10.7880
March	12.5685	10.9525	11.7392
April	13.3931	12.4753	13.0365
May	13.2030	12.2371	12.8157
June	12.5531	11.9540	12.2867
July	12.3797	11.8725	12.0785
August	12.8968	12.1103	12.5626
September	12.4933	11.8963	12.2521
October	12.2775	11.8409	12.1096
November	11.9186	11.3528	11.5363
December	11.4971	10.9447	11.1863