2020 BAM to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BAM to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BAM to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6280.9498. Conversely, the yearly low was recorded on March 21, dropping to 5164.5240.
This high-to-low spread represents a total annual volatility of 1116.4258 GNF. From a start-to-finish perspective, comparing the January average rate of 5384.5635 to the December average rate of 6188.3324, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 6280.9498 was up 14.40% compared to the 2019 peak of 5490.4326, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BAM 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 5346.2227, compared to 5885.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 538.7774 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 402.1715 GNF (High: 5566.6955 / Low: 5164.5240). On the other end, October was the most stable month, with a tight range of 106.5635 GNF (High: 5941.2871 / Low: 5834.7236).
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 101.5688 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 6188.3324) against the same month in 2019 (average: 5384.5662), the exchange rate shifted by +803.7662 (+14.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5482.3670 | 5291.6367 | 5384.5635 |
| February | 5386.9111 | 5203.6133 | 5282.9947 |
| March | 5566.6955 | 5164.5240 | 5359.9008 |
| April | 5312.2449 | 5198.8455 | 5272.9282 |
| May | 5424.7386 | 5196.4225 | 5280.1885 |
| June | 5558.8696 | 5410.8857 | 5496.7605 |
| July | 5827.7283 | 5517.8791 | 5631.9784 |
| August | 5891.6411 | 5776.3279 | 5830.3108 |
| September | 5923.0858 | 5794.7187 | 5850.3389 |
| October | 5941.2871 | 5834.7236 | 5883.9013 |
| November | 6027.1405 | 5830.5910 | 5925.1387 |
| December | 6280.9498 | 6022.6629 | 6188.3324 |