2020 BOB to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BOB to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BOB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1455.9386. Conversely, the yearly low was recorded on January 28, dropping to 1359.2957.
This high-to-low spread represents a total annual volatility of 96.6429 GNF. From a start-to-finish perspective, comparing the January average rate of 1371.5639 to the December average rate of 1442.4632, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1455.9386 was up 5.11% compared to the 2019 peak of 1385.1369, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BOB 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 1375.0580, compared to 1412.3980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.3400 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 32.3772 GNF (High: 1455.9386 / Low: 1423.5614). On the other end, July was the most stable month, with a tight range of 6.4930 GNF (High: 1397.3401 / Low: 1390.8471).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.5665 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1442.4632) against the same month in 2019 (average: 1371.3823), the exchange rate shifted by +71.0809 (+5.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1383.0584 | 1359.2957 | 1371.5639 |
| February | 1379.6120 | 1361.3119 | 1369.5847 |
| March | 1386.5218 | 1365.0474 | 1375.9002 |
| April | 1385.5172 | 1365.3349 | 1376.9820 |
| May | 1384.3326 | 1365.7342 | 1373.4155 |
| June | 1395.3093 | 1366.6768 | 1382.9018 |
| July | 1397.3401 | 1390.8471 | 1393.9396 |
| August | 1403.1595 | 1388.4779 | 1396.8935 |
| September | 1416.7558 | 1392.4655 | 1404.9153 |
| October | 1421.1940 | 1411.7892 | 1416.4496 |
| November | 1426.1592 | 1414.1063 | 1419.7270 |
| December | 1455.9386 | 1423.5614 | 1442.4632 |