YEARLY HIGH
63.6760 GMD
YEARLY LOW
54.2348 GMD
YEARLY AVERAGE
58.7849 GMD

2020 EUR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 63.6760. Conversely, the yearly low was recorded on March 19, dropping to 54.2348.

This high-to-low spread represents a total annual volatility of 9.4412 GMD. From a start-to-finish perspective, comparing the January average rate of 56.8285 to the December average rate of 63.0050, the exchange rate registered a net change of 10.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 63.6760 was up 10.74% compared to the 2019 peak of 57.5020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 318,380 GMD
2019 Average 280,468 GMD
Yearly Trough Low 271,174 GMD
Transaction Impact: A difference of 47,205.94 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

63.7633
54.6638
JanuMarcMayJulySeptNove

EUR to GMD 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 56.4255, compared to 61.1442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7187 points.

H1 Avg (Jan–Jun) 56.4255
H2 Avg (Jul–Dec) 61.1442

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.8343 GMD (High: 58.0691 / Low: 54.2348). On the other end, October was the most stable month, with a tight range of 0.9681 GMD (High: 61.3884 / Low: 60.4203).

March Spread (Volatile) ±3.8343
October Spread (Stable) ±0.9681

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1185 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 63.0050) against the same month in 2019 (average: 57.0392), the exchange rate shifted by +5.9658 (+10.46%).

2020 Avg (December) 63.0050
2019 Avg (December) 57.0392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.4972 56.2925 56.8285
February 56.6919 54.8773 55.7100
March 58.0691 54.2348 56.3954
April 56.0387 54.9503 55.4220
May 57.2576 55.2037 56.1299
June 58.6366 57.2961 58.0672
July 61.5093 57.9520 59.3094
August 61.8829 60.7876 61.2995
September 61.7594 60.1902 61.0162
October 61.3884 60.4203 60.9059
November 61.9545 60.2463 61.3295
December 63.6760 62.4664 63.0050