2020 BBD to GHS Historical Review

YEARLY HIGH

2.9862 GHS

YEARLY LOW

2.6600 GHS

YEARLY AVERAGE

2.8667 GHS

2020 BBD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.9862. Conversely, the yearly low was recorded on February 22, dropping to 2.6600.

This high-to-low spread represents a total annual volatility of 0.3262 GHS. From a start-to-finish perspective, comparing the January average rate of 2.8261 to the December average rate of 2.9341, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.9862 was down 58.88% compared to the 2019 peak of 7.2627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,931 GHS

2019 Average 13,470 GHS

Yearly Trough Low 13,300 GHS

Transaction Impact: A difference of 1,630.95 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9586

2.6651

JanuMarcMayJulySeptNove

BBD 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 2.8292, compared to 2.9042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0750 points.

H1 Avg (Jan–Jun) 2.8292

H2 Avg (Jul–Dec) 2.9042

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1884 GHS (High: 2.8872 / Low: 2.6988). On the other end, August was the most stable month, with a tight range of 0.0143 GHS (High: 2.8933 / Low: 2.8790).

March Spread (Volatile) ±0.1884

August Spread (Stable) ±0.0143

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 0.1366 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.9341) against the same month in 2019 (average: 2.8490), the exchange rate shifted by +0.0851 (+2.99%).

2020 Avg (December) 2.9341

2019 Avg (December) 2.8490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8564	2.7500	2.8261
February	2.7500	2.6600	2.6895
March	2.8872	2.6988	2.7908
April	2.9123	2.8439	2.8878
May	2.9014	2.8749	2.8877
June	2.9077	2.8724	2.8929
July	2.9075	2.8732	2.8883
August	2.8933	2.8790	2.8859
September	2.9034	2.8852	2.8932
October	2.9200	2.8962	2.9064
November	2.9305	2.9101	2.9172
December	2.9862	2.9200	2.9341