2020 TWD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TWD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TWD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 18.3334. Conversely, the yearly low was recorded on February 22, dropping to 16.9400.
This high-to-low spread represents a total annual volatility of 1.3934 SYP. From a start-to-finish perspective, comparing the January average rate of 17.1587 to the December average rate of 18.1970, the exchange rate registered a net change of 6.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 18.3334 was up 6.51% compared to the 2019 peak of 17.2134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TWD to SYP 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 17.1438, compared to 17.7318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5880 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 0.3603 SYP (High: 18.0578 / Low: 17.6976). On the other end, August was the most stable month, with a tight range of 0.0813 SYP (High: 17.4685 / Low: 17.3872).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0876 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 18.1970) against the same month in 2019 (average: 17.0289), the exchange rate shifted by +1.1681 (+6.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.2345 | 16.9627 | 17.1587 |
| February | 17.2087 | 16.9400 | 17.0711 |
| March | 17.2723 | 16.9736 | 17.0974 |
| April | 17.2346 | 17.0007 | 17.0740 |
| May | 17.2121 | 17.0521 | 17.1439 |
| June | 17.4508 | 17.1579 | 17.3175 |
| July | 17.4981 | 17.3979 | 17.4287 |
| August | 17.4685 | 17.3872 | 17.4301 |
| September | 17.7049 | 17.4284 | 17.5149 |
| October | 18.0578 | 17.6976 | 17.8513 |
| November | 18.0335 | 17.8993 | 17.9687 |
| December | 18.3334 | 18.0058 | 18.1970 |