2020 BMD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BMD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 515.4344. Conversely, the yearly low was recorded on September 12, dropping to 510.7917.
This high-to-low spread represents a total annual volatility of 4.6427 SYP. From a start-to-finish perspective, comparing the January average rate of 514.9767 to the December average rate of 512.8731, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 515.4344 was down 0.43% compared to the 2019 peak of 517.6799, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BMD 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 514.1361, compared to 512.3764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7597 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 1.7206 SYP (High: 514.6021 / Low: 512.8816). On the other end, February was the most stable month, with a tight range of 0.1950 SYP (High: 515.0844 / Low: 514.8894).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.2858 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 514.7652) against the same month in 2019 (average: 514.9778), the exchange rate shifted by -0.2126 (-0.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 515.0594 | 513.7052 | 514.9767 |
| February | 515.0844 | 514.8894 | 515.0092 |
| March | 515.4344 | 514.1927 | 514.7652 |
| April | 514.6021 | 512.8816 | 513.4795 |
| May | 513.8521 | 512.9221 | 513.2977 |
| June | 513.9458 | 512.8434 | 513.2884 |
| July | 513.2719 | 511.8763 | 512.8675 |
| August | 512.6010 | 511.2936 | 511.8134 |
| September | 512.2041 | 510.7917 | 511.5282 |
| October | 512.9705 | 511.8431 | 512.3562 |
| November | 513.0169 | 511.8871 | 512.8199 |
| December | 513.3010 | 512.6242 | 512.8731 |