YEARLY HIGH
0.5979 TWD
YEARLY LOW
0.5405 TWD
YEARLY AVERAGE
0.5722 TWD

2020 GMD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.5979. Conversely, the yearly low was recorded on December 27, dropping to 0.5405.

This high-to-low spread represents a total annual volatility of 0.0573 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5864 to the December average rate of 0.5445, the exchange rate registered a net change of -7.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5979 was down 6.26% compared to the 2019 peak of 0.6378, 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 2,989 TWD
2019 Average 3,083 TWD
Yearly Trough Low 2,703 TWD
Transaction Impact: A difference of 286.67 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5959
0.5399
JanuMarcMayJulySeptNove

GMD to TWD 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 0.5860, compared to 0.5583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.5860
H2 Avg (Jul–Dec) 0.5583

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0125 TWD (High: 0.5979 / Low: 0.5854). On the other end, August was the most stable month, with a tight range of 0.0023 TWD (High: 0.5679 / Low: 0.5656).

February Spread (Volatile) ±0.0125
August Spread (Stable) ±0.0023

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 September and October, when the average rate fell by 0.0096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.5912) against the same month in 2019 (average: 0.6218), the exchange rate shifted by -0.0306 (-4.91%).

2020 Avg (February) 0.5912
2019 Avg (February) 0.6218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5941 0.5823 0.5864
February 0.5979 0.5854 0.5912
March 0.5961 0.5847 0.5913
April 0.5940 0.5831 0.5897
May 0.5871 0.5805 0.5830
June 0.5807 0.5700 0.5745
July 0.5712 0.5649 0.5686
August 0.5679 0.5656 0.5667
September 0.5667 0.5590 0.5642
October 0.5591 0.5483 0.5546
November 0.5529 0.5497 0.5513
December 0.5505 0.5405 0.5445