YEARLY HIGH
0.6776 GMD
YEARLY LOW
0.6552 GMD
YEARLY AVERAGE
0.6699 GMD

2020 AFN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.6776. Conversely, the yearly low was recorded on January 18, dropping to 0.6552.

This high-to-low spread represents a total annual volatility of 0.0224 GMD. From a start-to-finish perspective, comparing the January average rate of 0.6629 to the December average rate of 0.6716, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6776 was up 1.87% compared to the 2019 peak of 0.6652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,388 GMD
2019 Average 3,217 GMD
Yearly Trough Low 3,276 GMD
Transaction Impact: A difference of 112.15 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6749
0.6618
JanuMarcMayJulySeptNove

AFN to GMD 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 0.6672, compared to 0.6725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.6672
H2 Avg (Jul–Dec) 0.6725

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0166 GMD (High: 0.6728 / Low: 0.6563). On the other end, October was the most stable month, with a tight range of 0.0016 GMD (High: 0.6745 / Low: 0.6729).

February Spread (Volatile) ±0.0166
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 0.6738) against the same month in 2019 (average: 0.6436), the exchange rate shifted by +0.0302 (+4.69%).

2020 Avg (September) 0.6738
2019 Avg (September) 0.6436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6688 0.6552 0.6629
February 0.6728 0.6563 0.6634
March 0.6738 0.6619 0.6682
April 0.6732 0.6652 0.6696
May 0.6756 0.6693 0.6715
June 0.6717 0.6638 0.6678
July 0.6754 0.6678 0.6715
August 0.6757 0.6637 0.6723
September 0.6776 0.6714 0.6738
October 0.6745 0.6729 0.6734
November 0.6737 0.6716 0.6726
December 0.6732 0.6695 0.6716