YEARLY HIGH
0.0008 CNY
YEARLY LOW
0.0007 CNY
YEARLY AVERAGE
0.0007 CNY

2020 GNF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 0.0008. Conversely, the yearly low was recorded on December 30, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0007, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0008 was down 3.86% compared to the 2019 peak of 0.0008, 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 4 CNY
2019 Average 4 CNY
Yearly Trough Low 3 CNY
Transaction Impact: A difference of 0.52 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0008
0.0006
JanuMarcMayJulySeptNove

GNF to CNY 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 0.0007, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0000 CNY (High: 0.0008 / Low: 0.0007). On the other end, July was the most stable month, with a tight range of 0.0000 CNY (High: 0.0007 / Low: 0.0007).

March Spread (Volatile) ±0.0000
July Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0007) against the same month in 2019 (average: 0.0007), the exchange rate shifted by +0.0000 (+0.52%).

2020 Avg (May) 0.0007
2019 Avg (May) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0007 0.0007
February 0.0007 0.0007 0.0007
March 0.0008 0.0007 0.0007
April 0.0008 0.0007 0.0007
May 0.0008 0.0007 0.0007
June 0.0008 0.0007 0.0007
July 0.0007 0.0007 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0007 0.0007
December 0.0007 0.0007 0.0007