YEARLY HIGH
23.1728 THB
YEARLY LOW
22.1497 THB
YEARLY AVERAGE
22.6759 THB

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 115,864 THB
2019 Average 113,771 THB
Yearly Trough Low 110,748 THB
Transaction Impact: A difference of 5,115.82 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.0473
22.2746
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 22.5964
H2 Avg (Jul–Dec) 22.7554

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±0.6252
December Spread (Stable) ±0.2640

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3892

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (October) 22.9829
2019 Avg (October) 22.1521

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