YEARLY HIGH
0.0465 FJD
YEARLY LOW
0.0394 FJD
YEARLY AVERAGE
0.0421 FJD

2020 GMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0465. Conversely, the yearly low was recorded on December 30, dropping to 0.0394.

This high-to-low spread represents a total annual volatility of 0.0071 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0423 to the December average rate of 0.0397, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0465 was up 6.05% compared to the 2019 peak of 0.0438, 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 232 FJD
2019 Average 215 FJD
Yearly Trough Low 197 FJD
Transaction Impact: A difference of 35.34 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0451
0.0392
JanuMarcMayJulySeptNove

GMD to FJD 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 0.0434, compared to 0.0409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0434
H2 Avg (Jul–Dec) 0.0409

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0032 FJD (High: 0.0465 / Low: 0.0432). On the other end, October was the most stable month, with a tight range of 0.0005 FJD (High: 0.0414 / Low: 0.0409).

March Spread (Volatile) ±0.0032
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0446) against the same month in 2019 (average: 0.0429), the exchange rate shifted by +0.0018 (+4.10%).

2020 Avg (March) 0.0446
2019 Avg (March) 0.0429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0429 0.0418 0.0423
February 0.0436 0.0428 0.0432
March 0.0465 0.0432 0.0446
April 0.0452 0.0435 0.0446
May 0.0442 0.0430 0.0436
June 0.0426 0.0418 0.0422
July 0.0420 0.0409 0.0415
August 0.0413 0.0406 0.0411
September 0.0416 0.0406 0.0410
October 0.0414 0.0409 0.0412
November 0.0414 0.0401 0.0406
December 0.0402 0.0394 0.0397