YEARLY HIGH
0.0285 CAD
YEARLY LOW
0.0245 CAD
YEARLY AVERAGE
0.0261 CAD

2020 GMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0285. Conversely, the yearly low was recorded on December 15, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0040 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0256 to the December average rate of 0.0247, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0285 was up 3.14% compared to the 2019 peak of 0.0276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 CAD
2019 Average 132 CAD
Yearly Trough Low 123 CAD
Transaction Impact: A difference of 19.81 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0278
0.0245
JanuMarcMayJulySeptNove

GMD to CAD 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 0.0267, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0267
H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0024 CAD (High: 0.0285 / Low: 0.0261). On the other end, February was the most stable month, with a tight range of 0.0003 CAD (High: 0.0262 / Low: 0.0259).

March Spread (Volatile) ±0.0024
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0274) against the same month in 2019 (average: 0.0269), the exchange rate shifted by +0.0004 (+1.61%).

2020 Avg (March) 0.0274
2019 Avg (March) 0.0269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0253 0.0256
February 0.0262 0.0259 0.0260
March 0.0285 0.0261 0.0274
April 0.0280 0.0272 0.0276
May 0.0279 0.0267 0.0272
June 0.0265 0.0259 0.0263
July 0.0263 0.0257 0.0261
August 0.0259 0.0252 0.0256
September 0.0259 0.0252 0.0255
October 0.0257 0.0253 0.0255
November 0.0258 0.0251 0.0253
December 0.0250 0.0245 0.0247