YEARLY HIGH
2.7569 GMD
YEARLY LOW
2.0092 GMD
YEARLY AVERAGE
2.4125 GMD

2020 MXN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 2.7569. Conversely, the yearly low was recorded on March 23, dropping to 2.0092.

This high-to-low spread represents a total annual volatility of 0.7477 GMD. From a start-to-finish perspective, comparing the January average rate of 2.7219 to the December average rate of 2.5945, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7569 was up 1.25% compared to the 2019 peak of 2.7229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 137,847 GMD
2019 Average 130,158 GMD
Yearly Trough Low 100,462 GMD
Transaction Impact: A difference of 37,384.94 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7834
2.0455
JanuMarcMayJulySeptNove

MXN to GMD 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 2.3892, compared to 2.4357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0465 points.

H1 Avg (Jan–Jun) 2.3892
H2 Avg (Jul–Dec) 2.4357

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6179 GMD (High: 2.6271 / Low: 2.0092). On the other end, January was the most stable month, with a tight range of 0.0543 GMD (High: 2.7517 / Low: 2.6974).

March Spread (Volatile) ±0.6179
January Spread (Stable) ±0.0543

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 0.4129 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.4129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.7083) against the same month in 2019 (average: 2.5833), the exchange rate shifted by +0.1249 (+4.84%).

2020 Avg (February) 2.7083
2019 Avg (February) 2.5833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7517 2.6974 2.7219
February 2.7569 2.6021 2.7083
March 2.6271 2.0092 2.2954
April 2.1857 2.0157 2.1070
May 2.3218 2.0572 2.1921
June 2.3999 2.2398 2.3106
July 2.3609 2.2671 2.3107
August 2.3814 2.2877 2.3391
September 2.4766 2.3076 2.3943
October 2.4804 2.3696 2.4365
November 2.5922 2.4215 2.5390
December 2.6173 2.5579 2.5945