2020 SGD to TWD Historical Review

YEARLY HIGH

22.2813 TWD

YEARLY LOW

20.7379 TWD

YEARLY AVERAGE

21.3478 TWD

2020 SGD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 22.2813. Conversely, the yearly low was recorded on March 22, dropping to 20.7379.

This high-to-low spread represents a total annual volatility of 1.5434 TWD. From a start-to-finish perspective, comparing the January average rate of 22.2174 to the December average rate of 21.1584, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.2813 was down 3.27% compared to the 2019 peak of 23.0339, 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 111,406 TWD

2019 Average 113,212 TWD

Yearly Trough Low 103,690 TWD

Transaction Impact: A difference of 7,716.76 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.3285

20.9959

JanuMarcMayJulySeptNove

SGD to TWD 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 21.4485, compared to 21.2470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2015 points.

H1 Avg (Jan–Jun) 21.4485

H2 Avg (Jul–Dec) 21.2470

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9894 TWD (High: 21.7274 / Low: 20.7379). On the other end, January was the most stable month, with a tight range of 0.1663 TWD (High: 22.2813 / Low: 22.1150).

March Spread (Volatile) ±0.9894

January Spread (Stable) ±0.1663

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 22.2174) against the same month in 2019 (average: 22.7104), the exchange rate shifted by -0.4929 (-2.17%).

2020 Avg (January) 22.2174

2019 Avg (January) 22.7104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.2813	22.1150	22.2174
February	22.2511	21.5523	21.7172
March	21.7274	20.7379	21.2590
April	21.2742	21.0064	21.1252
May	21.2202	20.9951	21.1069
June	21.3905	21.1021	21.2652
July	21.3634	21.1006	21.2056
August	21.6089	21.3302	21.4455
September	21.5460	21.1770	21.3738
October	21.2258	20.7743	21.1079
November	21.3214	20.9107	21.1911
December	21.2999	21.0509	21.1584