YEARLY HIGH
0.0624 SGD
YEARLY LOW
0.0557 SGD
YEARLY AVERAGE
0.0595 SGD

2020 CZK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CZK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0624. Conversely, the yearly low was recorded on May 14, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0067 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0595 to the December average rate of 0.0617, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0624 was up 2.33% compared to the 2019 peak of 0.0610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 312 SGD
2019 Average 297 SGD
Yearly Trough Low 278 SGD
Transaction Impact: A difference of 33.63 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0624
0.0562
JanuMarcMayJulySeptNove

CZK to SGD 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 0.0585, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0585
H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0059 SGD (High: 0.0617 / Low: 0.0558). On the other end, January was the most stable month, with a tight range of 0.0009 SGD (High: 0.0600 / Low: 0.0592).

March Spread (Volatile) ±0.0059
January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0619) against the same month in 2019 (average: 0.0597), the exchange rate shifted by +0.0022 (+3.71%).

2020 Avg (August) 0.0619
2019 Avg (August) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0600 0.0592 0.0595
February 0.0609 0.0600 0.0605
March 0.0617 0.0558 0.0590
April 0.0578 0.0558 0.0567
May 0.0583 0.0557 0.0568
June 0.0594 0.0583 0.0588
July 0.0621 0.0588 0.0600
August 0.0624 0.0614 0.0619
September 0.0618 0.0588 0.0602
October 0.0596 0.0582 0.0588
November 0.0611 0.0584 0.0603
December 0.0623 0.0611 0.0617