2020 MVR to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 13.6267. Conversely, the yearly low was recorded on March 29, dropping to 13.3997.
This high-to-low spread represents a total annual volatility of 0.2270 GYD. From a start-to-finish perspective, comparing the January average rate of 13.5148 to the December average rate of 13.5786, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 13.6267 was down 0.24% compared to the 2019 peak of 13.6596, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MVR 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 13.5279, compared to 13.5749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0470 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.2033 GYD (High: 13.6030 / Low: 13.3997). On the other end, October was the most stable month, with a tight range of 0.0245 GYD (High: 13.5876 / Low: 13.5632).
Growth Streaks & Declines
TrendsBetween August and December, 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 April and May, when the average rate fell by 0.0427 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 13.5573) against the same month in 2019 (average: 13.5753), the exchange rate shifted by -0.0180 (-0.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.6107 | 13.4542 | 13.5148 |
| February | 13.5718 | 13.4504 | 13.5151 |
| March | 13.6030 | 13.3997 | 13.5236 |
| April | 13.6267 | 13.4396 | 13.5573 |
| May | 13.5673 | 13.4064 | 13.5146 |
| June | 13.5902 | 13.4653 | 13.5422 |
| July | 13.5943 | 13.5467 | 13.5761 |
| August | 13.6063 | 13.5162 | 13.5709 |
| September | 13.5903 | 13.5398 | 13.5711 |
| October | 13.5876 | 13.5632 | 13.5762 |
| November | 13.5996 | 13.5520 | 13.5765 |
| December | 13.6175 | 13.5252 | 13.5786 |