2020 MAD to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 23.5401. Conversely, the yearly low was recorded on April 6, dropping to 20.2701.
This high-to-low spread represents a total annual volatility of 3.2700 GYD. From a start-to-finish perspective, comparing the January average rate of 21.7397 to the December average rate of 23.3023, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.5401 was up 6.17% compared to the 2019 peak of 22.1715, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MAD to GYD 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 21.3957, compared to 22.6890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2934 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.5390 GYD (High: 22.2508 / Low: 20.7118). On the other end, May was the most stable month, with a tight range of 0.2456 GYD (High: 21.3618 / Low: 21.1162).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9495 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 23.3023) against the same month in 2019 (average: 21.7007), the exchange rate shifted by +1.6016 (+7.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.8723 | 21.5453 | 21.7397 |
| February | 21.7683 | 21.4120 | 21.5825 |
| March | 22.2508 | 20.7118 | 21.5823 |
| April | 21.1610 | 20.2701 | 20.6328 |
| May | 21.3618 | 21.1162 | 21.2317 |
| June | 21.7729 | 21.3700 | 21.6049 |
| July | 22.4773 | 21.5305 | 21.8983 |
| August | 22.8367 | 22.3530 | 22.6464 |
| September | 22.8835 | 22.4968 | 22.6701 |
| October | 22.8515 | 22.5848 | 22.7170 |
| November | 23.0952 | 22.6280 | 22.9001 |
| December | 23.5401 | 22.4843 | 23.3023 |