YEARLY HIGH
2.3516 STD
YEARLY LOW
2.0370 STD
YEARLY AVERAGE
2.2383 STD

2020 GNF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 2.3516. Conversely, the yearly low was recorded on December 30, dropping to 2.0370.

This high-to-low spread represents a total annual volatility of 0.3147 STD. From a start-to-finish perspective, comparing the January average rate of 2.2733 to the December average rate of 2.0792, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3516 was down 1.51% compared to the 2019 peak of 2.3877, 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 11,758 STD
2019 Average 11,545 STD
Yearly Trough Low 10,185 STD
Transaction Impact: A difference of 1,573.36 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3577
2.0538
JanuMarcMayJulySeptNove

GNF to STD 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 2.3133, compared to 2.1633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1500 points.

H1 Avg (Jan–Jun) 2.3133
H2 Avg (Jul–Dec) 2.1633

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0914 STD (High: 2.1284 / Low: 2.0370). On the other end, October was the most stable month, with a tight range of 0.0225 STD (High: 2.1571 / Low: 2.1346).

December Spread (Volatile) ±0.0914
October Spread (Stable) ±0.0225

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 July and August, when the average rate fell by 0.0747 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.3324) against the same month in 2019 (average: 2.2926), the exchange rate shifted by +0.0398 (+1.74%).

2020 Avg (March) 2.3324
2019 Avg (March) 2.2926

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2937 2.2461 2.2733
February 2.3404 2.2635 2.3167
March 2.3516 2.2980 2.3324
April 2.3423 2.3074 2.3230
May 2.3418 2.3064 2.3277
June 2.3334 2.2823 2.3064
July 2.2836 2.2193 2.2640
August 2.2237 2.1709 2.1893
September 2.1802 2.1455 2.1611
October 2.1571 2.1346 2.1464
November 2.1580 2.1251 2.1398
December 2.1284 2.0370 2.0792