2020 BND to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BND to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BND to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 39.1728. Conversely, the yearly low was recorded on March 19, dropping to 34.9814.
This high-to-low spread represents a total annual volatility of 4.1914 GMD. From a start-to-finish perspective, comparing the January average rate of 37.8868 to the December average rate of 38.8460, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 39.1728 was up 2.96% compared to the 2019 peak of 38.0465, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BND to GMD 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 36.6130, compared to 38.0591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4461 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.9988 GMD (High: 36.9802 / Low: 34.9814). On the other end, October was the most stable month, with a tight range of 0.3012 GMD (High: 38.1856 / Low: 37.8844).
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 1.1511 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 38.8460) against the same month in 2019 (average: 37.8406), the exchange rate shifted by +1.0054 (+2.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.1146 | 37.4247 | 37.8868 |
| February | 37.4247 | 36.2943 | 36.7357 |
| March | 36.9802 | 34.9814 | 35.9758 |
| April | 36.2364 | 35.4080 | 35.8071 |
| May | 36.4919 | 36.0150 | 36.2398 |
| June | 37.1983 | 36.5369 | 37.0328 |
| July | 37.7495 | 36.9541 | 37.2740 |
| August | 38.1147 | 37.6367 | 37.8340 |
| September | 38.1715 | 37.5551 | 37.9104 |
| October | 38.1856 | 37.8844 | 38.0726 |
| November | 38.7353 | 37.8984 | 38.4178 |
| December | 39.1728 | 38.5735 | 38.8460 |