YEARLY HIGH
0.2069 CDF
YEARLY LOW
0.1504 CDF
YEARLY AVERAGE
0.1922 CDF

2020 GNF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 0.2069. Conversely, the yearly low was recorded on December 6, dropping to 0.1504.

This high-to-low spread represents a total annual volatility of 0.0565 CDF. From a start-to-finish perspective, comparing the January average rate of 0.1778 to the December average rate of 0.1966, the exchange rate registered a net change of 10.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2069 was up 12.18% compared to the 2019 peak of 0.1844, 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 1,034 CDF
2019 Average 895 CDF
Yearly Trough Low 752 CDF
Transaction Impact: A difference of 282.52 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2062
0.1752
JanuMarcMayJulySeptNove

GNF to CDF 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 0.1836, compared to 0.2008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.1836
H2 Avg (Jul–Dec) 0.2008

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0503 CDF (High: 0.2006 / Low: 0.1504). On the other end, November was the most stable month, with a tight range of 0.0018 CDF (High: 0.2018 / Low: 0.2000).

December Spread (Volatile) ±0.0503
November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0042 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.2036) against the same month in 2019 (average: 0.1802), the exchange rate shifted by +0.0234 (+13.00%).

2020 Avg (August) 0.2036
2019 Avg (August) 0.1802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1794 0.1760 0.1778
February 0.1800 0.1769 0.1785
March 0.1818 0.1781 0.1799
April 0.1824 0.1793 0.1810
May 0.1924 0.1823 0.1886
June 0.1996 0.1911 0.1960
July 0.2045 0.1986 0.2021
August 0.2069 0.2020 0.2036
September 0.2038 0.2005 0.2023
October 0.2015 0.1850 0.1994
November 0.2018 0.2000 0.2008
December 0.2006 0.1504 0.1966