YEARLY HIGH
134.7175 DJF
YEARLY LOW
122.3491 DJF
YEARLY AVERAGE
129.1151 DJF

2020 BND to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 134.7175. Conversely, the yearly low was recorded on March 19, dropping to 122.3491.

This high-to-low spread represents a total annual volatility of 12.3685 DJF. From a start-to-finish perspective, comparing the January average rate of 131.7853 to the December average rate of 133.6173, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 134.7175 was up 1.95% compared to the 2019 peak of 132.1419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 673,588 DJF
2019 Average 648,623 DJF
Yearly Trough Low 611,745 DJF
Transaction Impact: A difference of 61,842.34 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

134.4797
124.1310
JanuMarcMayJulySeptNove

BND to DJF 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 127.3522, compared to 130.8779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5257 points.

H1 Avg (Jan–Jun) 127.3522
H2 Avg (Jul–Dec) 130.8779

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.8187 DJF (High: 129.1678 / Low: 122.3491). On the other end, October was the most stable month, with a tight range of 0.8691 DJF (High: 131.3576 / Low: 130.4886).

March Spread (Volatile) ±6.8187
October Spread (Stable) ±0.8691

Growth Streaks & Declines

Trends

Between 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 3.6251 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -3.6251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 133.6173) against the same month in 2019 (average: 131.2263), the exchange rate shifted by +2.3910 (+1.82%).

2020 Avg (December) 133.6173
2019 Avg (December) 131.2263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 132.3059 130.3639 131.7853
February 130.3639 126.9647 128.1602
March 129.1678 122.3491 125.7668
April 126.3094 123.7127 124.9934
May 127.1503 124.7939 125.6284
June 128.6049 126.3183 127.7791
July 129.7548 127.5616 128.2164
August 130.8827 129.2755 129.9721
September 131.2050 129.2128 130.3778
October 131.3576 130.4886 130.9614
November 133.1397 130.3571 132.1224
December 134.7175 132.7234 133.6173