YEARLY HIGH
7856.8740 GNF
YEARLY LOW
6538.7085 GNF
YEARLY AVERAGE
7180.5616 GNF

2020 CAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 7856.8740. Conversely, the yearly low was recorded on March 23, dropping to 6538.7085.

This high-to-low spread represents a total annual volatility of 1318.1655 GNF. From a start-to-finish perspective, comparing the January average rate of 7252.2367 to the December average rate of 7763.9123, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 7856.8740 was up 6.85% compared to the 2019 peak of 7353.0295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,284,370 GNF
2019 Average 34,787,291 GNF
Yearly Trough Low 32,693,543 GNF
Transaction Impact: A difference of 6,590,827.58 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7864.8062
6654.0797
JanuMarcMayJulySeptNove

CAD to GNF 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 6959.9271, compared to 7401.1962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 441.2692 points.

H1 Avg (Jan–Jun) 6959.9271
H2 Avg (Jul–Dec) 7401.1962

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 585.4027 GNF (High: 7124.1112 / Low: 6538.7085). On the other end, September was the most stable month, with a tight range of 136.2031 GNF (High: 7407.8304 / Low: 7271.6272).

March Spread (Volatile) ±585.4027
September Spread (Stable) ±136.2031

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 February and March, when the average rate fell by 325.4834 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -325.4834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 7763.9123) against the same month in 2019 (average: 7198.2348), the exchange rate shifted by +565.6775 (+7.86%).

2020 Avg (December) 7763.9123
2019 Avg (December) 7198.2348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7397.2262 7110.4279 7252.2367
February 7193.3585 7043.9359 7129.7973
March 7124.1112 6538.7085 6804.3139
April 6875.1833 6622.1905 6754.9735
May 6918.6815 6625.3023 6770.9485
June 7167.9937 6961.4874 7047.2924
July 7222.4537 7072.2710 7126.3670
August 7402.0166 7169.2472 7284.4152
September 7407.8304 7271.6272 7339.8434
October 7472.3208 7325.0441 7404.8232
November 7570.5471 7329.5733 7487.8162
December 7856.8740 7602.0902 7763.9123