2020 LRD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 LRD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the LRD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 62.9255. Conversely, the yearly low was recorded on May 6, dropping to 47.4481.
This high-to-low spread represents a total annual volatility of 15.4773 GNF. From a start-to-finish perspective, comparing the January average rate of 49.5480 to the December average rate of 61.6665, the exchange rate registered a net change of 24.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 62.9255 was up 7.61% compared to the 2019 peak of 58.4761, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
LRD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 48.2178, compared to 52.7764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5585 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 9.3803 GNF (High: 62.9255 / Low: 53.5451). On the other end, July was the most stable month, with a tight range of 0.1452 GNF (High: 48.3830 / Low: 48.2378).
Growth Streaks & Declines
TrendsBetween May and December, 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 January and February, when the average rate fell by 1.3675 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 59.1868) against the same month in 2019 (average: 46.6237), the exchange rate shifted by +12.5631 (+26.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.1675 | 48.1496 | 49.5480 |
| February | 48.8483 | 47.7299 | 48.1805 |
| March | 48.4676 | 47.5379 | 47.9213 |
| April | 48.2654 | 47.5145 | 47.9286 |
| May | 48.1886 | 47.4481 | 47.7380 |
| June | 48.3797 | 47.4780 | 47.9905 |
| July | 48.3830 | 48.2378 | 48.3047 |
| August | 48.4782 | 48.2378 | 48.3863 |
| September | 49.1508 | 48.2568 | 48.7226 |
| October | 53.4153 | 49.0813 | 50.3914 |
| November | 62.9255 | 53.5451 | 59.1868 |
| December | 62.6625 | 60.9000 | 61.6665 |