YEARLY HIGH
0.0118 GHS
YEARLY LOW
0.0087 GHS
YEARLY AVERAGE
0.0100 GHS

2020 AOA to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0118. Conversely, the yearly low was recorded on November 12, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0031 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0090, the exchange rate registered a net change of -22.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0118 was down 73.36% compared to the 2019 peak of 0.0445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59 GHS
2019 Average 75 GHS
Yearly Trough Low 44 GHS
Transaction Impact: A difference of 15.57 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0118
0.0085
JanuMarcMayJulySeptNove

AOA 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 0.0106, compared to 0.0093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0106
H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0008 GHS (High: 0.0104 / Low: 0.0096). On the other end, December was the most stable month, with a tight range of 0.0003 GHS (High: 0.0091 / Low: 0.0089).

August Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0116) against the same month in 2019 (average: 0.0158), the exchange rate shifted by -0.0042 (-26.79%).

2020 Avg (January) 0.0116
2019 Avg (January) 0.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0118 0.0111 0.0116
February 0.0111 0.0108 0.0109
March 0.0113 0.0106 0.0110
April 0.0108 0.0101 0.0103
May 0.0106 0.0098 0.0102
June 0.0101 0.0095 0.0098
July 0.0104 0.0099 0.0101
August 0.0104 0.0096 0.0099
September 0.0095 0.0092 0.0093
October 0.0092 0.0088 0.0090
November 0.0091 0.0087 0.0088
December 0.0091 0.0089 0.0090