2020 SRD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SRD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SRD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.4723. Conversely, the yearly low was recorded on October 1, dropping to 5.4225.
This high-to-low spread represents a total annual volatility of 5.0498 AFN. From a start-to-finish perspective, comparing the January average rate of 10.3522 to the December average rate of 5.4451, the exchange rate registered a net change of -47.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.4723 was down 4.32% compared to the 2019 peak of 10.9452, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SRD to AFN 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 10.2856, compared to 7.6365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 4.8767 AFN (High: 10.3044 / Low: 5.4277). On the other end, October was the most stable month, with a tight range of 0.0135 AFN (High: 5.4360 / Low: 5.4225).
Growth Streaks & Declines
TrendsBetween April and June, 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 September and October, when the average rate fell by 3.4073 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 10.3522) against the same month in 2019 (average: 10.1219), the exchange rate shifted by +0.2304 (+2.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.4723 | 10.2440 | 10.3522 |
| February | 10.4405 | 10.1703 | 10.3145 |
| March | 10.3111 | 10.1484 | 10.2188 |
| April | 10.2843 | 10.1657 | 10.2130 |
| May | 10.2876 | 10.2172 | 10.2546 |
| June | 10.4121 | 10.2843 | 10.3605 |
| July | 10.3580 | 10.2843 | 10.3339 |
| August | 10.4645 | 10.2843 | 10.3344 |
| September | 10.3044 | 5.4277 | 8.8374 |
| October | 5.4360 | 5.4225 | 5.4301 |
| November | 5.4437 | 5.4285 | 5.4383 |
| December | 5.4614 | 5.4318 | 5.4451 |