2020 AFN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AFN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AFN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 129.5511. Conversely, the yearly low was recorded on June 13, dropping to 121.9269.
This high-to-low spread represents a total annual volatility of 7.6242 GNF. From a start-to-finish perspective, comparing the January average rate of 122.8479 to the December average rate of 129.0279, the exchange rate registered a net change of 5.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 129.5511 was up 4.57% compared to the 2019 peak of 123.8908, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AFN to GNF 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 123.7447, compared to 126.6351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8903 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.6806 GNF (High: 126.1595 / Low: 122.4789). On the other end, October was the most stable month, with a tight range of 0.8234 GNF (High: 127.6115 / Low: 126.7880).
Growth Streaks & Declines
TrendsBetween June and October, 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 April and May, when the average rate fell by 0.7795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 129.0279) against the same month in 2019 (average: 120.6770), the exchange rate shifted by +8.3510 (+6.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.1013 | 121.9741 | 122.8479 |
| February | 125.1130 | 122.1683 | 123.1138 |
| March | 126.1595 | 122.4789 | 124.3507 |
| April | 125.9063 | 123.2334 | 124.6462 |
| May | 124.8645 | 122.8438 | 123.8667 |
| June | 124.8739 | 121.9269 | 123.6430 |
| July | 125.4431 | 124.5308 | 124.9159 |
| August | 125.6961 | 123.7722 | 125.1281 |
| September | 127.2369 | 125.2197 | 126.2649 |
| October | 127.6115 | 126.7880 | 127.2553 |
| November | 127.8005 | 126.6234 | 127.2183 |
| December | 129.5511 | 127.6153 | 129.0279 |