2020 SGD to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SGD to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SGD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 23.1728. Conversely, the yearly low was recorded on June 24, dropping to 22.1497.
This high-to-low spread represents a total annual volatility of 1.0232 THB. From a start-to-finish perspective, comparing the January average rate of 22.5194 to the December average rate of 22.5695, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.1728 was down 2.33% compared to the 2019 peak of 23.7252, 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 THB 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 22.5964, compared to 22.7554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1590 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 0.6252 THB (High: 22.8893 / Low: 22.2640). On the other end, December was the most stable month, with a tight range of 0.2640 THB (High: 22.6889 / Low: 22.4249).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3892 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2020: 22.9829) against the same month in 2019 (average: 22.1521), the exchange rate shifted by +0.8308 (+3.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.8657 | 22.3368 | 22.5194 |
| February | 22.8657 | 22.3896 | 22.5582 |
| March | 23.0198 | 22.4060 | 22.6301 |
| April | 23.1262 | 22.6563 | 22.9267 |
| May | 22.9372 | 22.3854 | 22.6047 |
| June | 22.6292 | 22.1497 | 22.3390 |
| July | 22.8893 | 22.2640 | 22.6388 |
| August | 22.9956 | 22.5980 | 22.7990 |
| September | 23.1643 | 22.8498 | 22.9485 |
| October | 23.1728 | 22.7626 | 22.9829 |
| November | 22.8371 | 22.3661 | 22.5937 |
| December | 22.6889 | 22.4249 | 22.5695 |