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2020 GHS to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 4145.2579. Conversely, the yearly low was recorded on December 31, dropping to 3471.6596.
This high-to-low spread represents a total annual volatility of 673.5984 STD. From a start-to-finish perspective, comparing the January average rate of 3814.9160 to the December average rate of 3523.1117, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 4145.2579 was down 4.97% compared to the 2019 peak of 4362.1857, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
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GHS to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 3883.4427, compared to 3630.0569 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 253.3858 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 252.3684 STD (High: 4085.6285 / Low: 3833.2601). On the other end, May was the most stable month, with a tight range of 35.1048 STD (High: 3835.0706 / Low: 3799.9658).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 143.0824 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 4079.3418) against the same month in 2019 (average: 4003.7161), the exchange rate shifted by +75.6257 (+1.89%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 3920.1436 | 3774.0568 | 3814.9160 |
| February | 4145.2579 | 3920.1436 | 4079.3418 |
| March | 4085.6285 | 3833.2601 | 3961.6104 |
| April | 3876.8991 | 3785.7659 | 3818.5280 |
| May | 3835.0706 | 3799.9658 | 3818.0512 |
| June | 3838.3475 | 3791.7788 | 3808.2087 |
| July | 3802.6461 | 3703.9556 | 3773.2750 |
| August | 3708.7325 | 3625.2288 | 3657.9306 |
| September | 3635.9226 | 3598.7626 | 3622.9883 |
| October | 3630.9786 | 3582.0656 | 3611.5016 |
| November | 3613.0529 | 3565.9867 | 3591.5341 |
| December | 3578.8603 | 3471.6596 | 3523.1117 |