YEARLY HIGH
0.0482 KZT
YEARLY LOW
0.0395 KZT
YEARLY AVERAGE
0.0430 KZT

2020 GNF to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0482. Conversely, the yearly low was recorded on January 20, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.0087 KZT. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0423, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0482 was up 11.75% compared to the 2019 peak of 0.0431, 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 241 KZT
2019 Average 208 KZT
Yearly Trough Low 197 KZT
Transaction Impact: A difference of 43.35 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0462
0.0393
JanuMarcMayJulySeptNove

GNF to KZT 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 0.0427, compared to 0.0434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0427
H2 Avg (Jul–Dec) 0.0434

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0083 KZT (High: 0.0482 / Low: 0.0398). On the other end, August was the most stable month, with a tight range of 0.0005 KZT (High: 0.0439 / Low: 0.0434).

March Spread (Volatile) ±0.0083
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0442) against the same month in 2019 (average: 0.0412), the exchange rate shifted by +0.0030 (+7.24%).

2020 Avg (March) 0.0442
2019 Avg (March) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0406 0.0395 0.0400
February 0.0403 0.0396 0.0399
March 0.0482 0.0398 0.0442
April 0.0474 0.0447 0.0456
May 0.0451 0.0432 0.0442
June 0.0428 0.0414 0.0421
July 0.0439 0.0422 0.0429
August 0.0439 0.0434 0.0435
September 0.0443 0.0433 0.0438
October 0.0444 0.0437 0.0439
November 0.0445 0.0431 0.0438
December 0.0433 0.0420 0.0423