YEARLY HIGH
0.2024 BIF
YEARLY LOW
0.1940 BIF
YEARLY AVERAGE
0.1990 BIF

2020 GNF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.2024. Conversely, the yearly low was recorded on December 30, dropping to 0.1940.

This high-to-low spread represents a total annual volatility of 0.0083 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1987 to the December average rate of 0.1953, the exchange rate registered a net change of -1.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2024 was down 2.50% compared to the 2019 peak of 0.2075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,012 BIF
2019 Average 998 BIF
Yearly Trough Low 970 BIF
Transaction Impact: A difference of 41.75 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2015
0.1948
JanuMarcMayJulySeptNove

GNF to BIF 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 0.1997, compared to 0.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1997
H2 Avg (Jul–Dec) 0.1984

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0050 BIF (High: 0.2011 / Low: 0.1960). On the other end, October was the most stable month, with a tight range of 0.0011 BIF (High: 0.1985 / Low: 0.1974).

January Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.2009) against the same month in 2019 (average: 0.2000), the exchange rate shifted by +0.0009 (+0.47%).

2020 Avg (May) 0.2009
2019 Avg (May) 0.2000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2011 0.1960 0.1987
February 0.2009 0.1977 0.1994
March 0.2013 0.1978 0.1996
April 0.2019 0.1980 0.1997
May 0.2024 0.1981 0.2009
June 0.2023 0.1979 0.1997
July 0.2005 0.1985 0.1999
August 0.2011 0.1991 0.2000
September 0.2010 0.1976 0.1991
October 0.1985 0.1974 0.1978
November 0.1992 0.1971 0.1980
December 0.1981 0.1940 0.1953