YEARLY HIGH
0.0028 CAD
YEARLY LOW
0.0025 CAD
YEARLY AVERAGE
0.0026 CAD

2020 SYP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0028. Conversely, the yearly low was recorded on December 15, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0003 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0025, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0028 was up 6.37% compared to the 2019 peak of 0.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 CAD
2019 Average 13 CAD
Yearly Trough Low 12 CAD
Transaction Impact: A difference of 1.69 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0028
0.0025
JanuMarcMayJulySeptNove

SYP to CAD 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 0.0027, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0002 CAD (High: 0.0028 / Low: 0.0026). On the other end, February was the most stable month, with a tight range of 0.0000 CAD (High: 0.0026 / Low: 0.0026).

March Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0027) against the same month in 2019 (average: 0.0026), the exchange rate shifted by +0.0001 (+4.32%).

2020 Avg (March) 0.0027
2019 Avg (March) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0025 0.0025
February 0.0026 0.0026 0.0026
March 0.0028 0.0026 0.0027
April 0.0028 0.0027 0.0027
May 0.0028 0.0027 0.0027
June 0.0027 0.0026 0.0026
July 0.0027 0.0026 0.0026
August 0.0026 0.0025 0.0026
September 0.0026 0.0026 0.0026
October 0.0026 0.0026 0.0026
November 0.0026 0.0025 0.0026
December 0.0025 0.0025 0.0025