2020 BZD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BZD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BZD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 4965.7507. Conversely, the yearly low was recorded on January 28, dropping to 4663.2165.
This high-to-low spread represents a total annual volatility of 302.5342 GNF. From a start-to-finish perspective, comparing the January average rate of 4705.4659 to the December average rate of 4932.9557, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 4965.7507 was up 4.66% compared to the 2019 peak of 4744.8728, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BZD 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 4712.2247, compared to 4837.2836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 125.0589 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 99.1602 GNF (High: 4769.4057 / Low: 4670.2455). On the other end, July was the most stable month, with a tight range of 23.6500 GNF (High: 4793.3548 / Low: 4769.7049).
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 17.5413 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 4932.9557) against the same month in 2019 (average: 4703.5743), the exchange rate shifted by +229.3815 (+4.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4744.5088 | 4663.2165 | 4705.4659 |
| February | 4726.0812 | 4670.0571 | 4698.1776 |
| March | 4767.8921 | 4673.0154 | 4710.2984 |
| April | 4769.4057 | 4670.2455 | 4718.6113 |
| May | 4742.1522 | 4671.6318 | 4701.0699 |
| June | 4779.7443 | 4688.3744 | 4739.7252 |
| July | 4793.3548 | 4769.7049 | 4777.1805 |
| August | 4817.4147 | 4756.4020 | 4789.1223 |
| September | 4850.8654 | 4770.1407 | 4812.7417 |
| October | 4882.6766 | 4836.1392 | 4852.6909 |
| November | 4893.4867 | 4837.2037 | 4859.0106 |
| December | 4965.7507 | 4869.4159 | 4932.9557 |