2020 GMD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GMD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 1280.5035. Conversely, the yearly low was recorded on September 3, dropping to 811.7409.
This high-to-low spread represents a total annual volatility of 468.7626 IRR. From a start-to-finish perspective, comparing the January average rate of 822.7133 to the December average rate of 813.5066, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1280.5035 was up 47.64% compared to the 2019 peak of 867.3179, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GMD to IRR 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 822.8147, compared to 815.8376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9771 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 467.9794 IRR (High: 1280.5035 / Low: 812.5241). On the other end, October was the most stable month, with a tight range of 0.7872 IRR (High: 813.6250 / Low: 812.8378).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 16.1046 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 828.6864) against the same month in 2019 (average: 844.4705), the exchange rate shifted by -15.7841 (-1.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 824.6724 | 819.6722 | 822.7133 |
| February | 828.0236 | 823.1672 | 825.1802 |
| March | 830.4734 | 825.0220 | 827.1026 |
| April | 827.2102 | 823.4891 | 825.6147 |
| May | 827.0942 | 816.7798 | 820.1026 |
| June | 817.5728 | 814.2526 | 816.1748 |
| July | 1280.5035 | 812.5241 | 828.6864 |
| August | 812.8514 | 811.7409 | 812.5818 |
| September | 814.3848 | 811.7409 | 813.3518 |
| October | 813.6250 | 812.8378 | 813.5143 |
| November | 814.2988 | 812.8378 | 813.3850 |
| December | 814.1698 | 812.8378 | 813.5066 |