2020 AFN to GHS Historical Review

YEARLY HIGH

0.0777 GHS

YEARLY LOW

0.0690 GHS

YEARLY AVERAGE

0.0746 GHS

2020 AFN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0777. Conversely, the yearly low was recorded on February 16, dropping to 0.0690.

This high-to-low spread represents a total annual volatility of 0.0087 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0732 to the December average rate of 0.0761, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0777 was down 57.63% compared to the 2019 peak of 0.1833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 388 GHS

2019 Average 346 GHS

Yearly Trough Low 345 GHS

Transaction Impact: A difference of 43.40 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0768

0.0693

JanuMarcMayJulySeptNove

AFN to GHS 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 0.0738, compared to 0.0755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0738

H2 Avg (Jul–Dec) 0.0755

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0042 GHS (High: 0.0754 / Low: 0.0712). On the other end, November was the most stable month, with a tight range of 0.0005 GHS (High: 0.0761 / Low: 0.0756).

March Spread (Volatile) ±0.0042

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0761) against the same month in 2019 (average: 0.0725), the exchange rate shifted by +0.0036 (+4.97%).

2020 Avg (December) 0.0761

2019 Avg (December) 0.0725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0739	0.0720	0.0732
February	0.0720	0.0690	0.0699
March	0.0754	0.0712	0.0732
April	0.0764	0.0748	0.0758
May	0.0761	0.0751	0.0755
June	0.0753	0.0745	0.0749
July	0.0753	0.0745	0.0750
August	0.0753	0.0741	0.0749
September	0.0756	0.0750	0.0753
October	0.0760	0.0754	0.0756
November	0.0761	0.0756	0.0758
December	0.0777	0.0759	0.0761