YEARLY HIGH
15.8385 GHS
YEARLY LOW
14.1152 GHS
YEARLY AVERAGE
15.2006 GHS

2020 BHD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 15.8385. Conversely, the yearly low was recorded on February 23, dropping to 14.1152.

This high-to-low spread represents a total annual volatility of 1.7233 GHS. From a start-to-finish perspective, comparing the January average rate of 14.9915 to the December average rate of 15.5639, 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 15.8385 was down 58.89% compared to the 2019 peak of 38.5244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,192 GHS
2019 Average 71,468 GHS
Yearly Trough Low 70,576 GHS
Transaction Impact: A difference of 8,616.44 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.6933
14.1403
JanuMarcMayJulySeptNove

BHD 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 14.9965, compared to 15.4046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4082 points.

H1 Avg (Jan–Jun) 14.9965
H2 Avg (Jul–Dec) 15.4046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0106 GHS (High: 15.3297 / Low: 14.3190). On the other end, August was the most stable month, with a tight range of 0.0776 GHS (High: 15.3504 / Low: 15.2727).

March Spread (Volatile) ±1.0106
August Spread (Stable) ±0.0776

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 0.7217 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 15.5639) against the same month in 2019 (average: 15.1115), the exchange rate shifted by +0.4524 (+2.99%).

2020 Avg (December) 15.5639
2019 Avg (December) 15.1115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.1504 14.5884 14.9915
February 14.5884 14.1152 14.2697
March 15.3297 14.3190 14.7967
April 15.4468 15.0981 15.2967
May 15.3685 15.2074 15.2928
June 15.4018 15.2162 15.3315
July 15.4148 15.2390 15.3186
August 15.3504 15.2727 15.3094
September 15.4011 15.3044 15.3468
October 15.4862 15.3597 15.4157
November 15.5447 15.4357 15.4735
December 15.8385 15.4887 15.5639