2020 SGD to ZAR Historical Review

YEARLY HIGH

13.4167 ZAR

YEARLY LOW

10.4142 ZAR

YEARLY AVERAGE

11.9270 ZAR

2020 SGD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 13.4167. Conversely, the yearly low was recorded on January 1, dropping to 10.4142.

This high-to-low spread represents a total annual volatility of 3.0026 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.6642 to the December average rate of 11.1633, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.4167 was up 20.38% compared to the 2019 peak of 11.1451, 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 67,084 ZAR

2019 Average 52,959 ZAR

Yearly Trough Low 52,071 ZAR

Transaction Impact: A difference of 15,012.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.3241

10.4224

JanuMarcMayJulySeptNove

SGD to ZAR 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 11.9087, compared to 11.9452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 11.9087

H2 Avg (Jul–Dec) 11.9452

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.5587 ZAR (High: 12.5793 / Low: 11.0205). On the other end, October was the most stable month, with a tight range of 0.3778 ZAR (High: 12.2723 / Low: 11.8945).

March Spread (Volatile) ±1.5587

October Spread (Stable) ±0.3778

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 0.5634 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 13.0823) against the same month in 2019 (average: 10.4302), the exchange rate shifted by +2.6521 (+25.43%).

2020 Avg (April) 13.0823

2019 Avg (April) 10.4302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9951	10.4142	10.6642
February	11.2461	10.6794	10.8367
March	12.5793	11.0205	11.7815
April	13.4167	12.7260	13.0823
May	13.3258	12.2302	12.8038
June	12.5026	11.9276	12.2839
July	12.4155	11.8686	12.0826
August	12.8779	12.2012	12.5762
September	12.4937	11.9119	12.2373
October	12.2723	11.8945	12.0876
November	11.9014	11.2926	11.5242
December	11.4293	10.9371	11.1633