YEARLY HIGH
2479.5640 GNF
YEARLY LOW
2131.2437 GNF
YEARLY AVERAGE
2291.5673 GNF

2020 MYR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2479.5640. Conversely, the yearly low was recorded on March 23, dropping to 2131.2437.

This high-to-low spread represents a total annual volatility of 348.3204 GNF. From a start-to-finish perspective, comparing the January average rate of 2325.7682 to the December average rate of 2451.4907, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2479.5640 was up 6.07% compared to the 2019 peak of 2337.6720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 49,591,281 GNF
2019 Average 44,573,962 GNF
Yearly Trough Low 42,624,873 GNF
Transaction Impact: A difference of 6,966,407.63 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2478.3678
2155.8420
JanuMarcMayJulySeptNove

MYR to GNF 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 2235.2191, compared to 2347.9155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 112.6965 points.

H1 Avg (Jan–Jun) 2235.2191
H2 Avg (Jul–Dec) 2347.9155

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 150.0261 GNF (High: 2281.2698 / Low: 2131.2437). On the other end, October was the most stable month, with a tight range of 24.5868 GNF (High: 2365.8043 / Low: 2341.2174).

March Spread (Volatile) ±150.0261
October Spread (Stable) ±24.5868

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 70.5449 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -70.5449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2451.4907) against the same month in 2019 (average: 2286.0221), the exchange rate shifted by +165.4686 (+7.24%).

2020 Avg (December) 2451.4907
2019 Avg (December) 2286.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2350.6059 2296.7703 2325.7682
February 2325.4850 2239.2310 2277.3769
March 2281.2698 2131.2437 2206.8319
April 2213.2351 2160.3947 2182.7192
May 2209.9608 2164.5782 2183.2921
June 2249.6291 2207.7454 2235.3260
July 2272.4451 2243.7313 2257.2148
August 2318.9627 2267.6887 2302.6298
September 2368.9659 2318.5469 2337.9446
October 2365.8043 2341.2174 2355.7692
November 2417.2216 2347.3578 2382.4439
December 2479.5640 2410.5258 2451.4907