YEARLY HIGH
2.1022 GHS
YEARLY LOW
0.6982 GHS
YEARLY AVERAGE
0.7795 GHS

2019 BOB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 2.1022. Conversely, the yearly low was recorded on January 5, dropping to 0.6982.

This high-to-low spread represents a total annual volatility of 1.4039 GHS. From a start-to-finish perspective, comparing the January average rate of 0.7094 to the December average rate of 0.8243, the exchange rate registered a net change of 16.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.1022 was up 190.40% compared to the 2018 peak of 0.7239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,511 GHS
2018 Average 3,390 GHS
Yearly Trough Low 3,491 GHS
Transaction Impact: A difference of 7,019.62 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8358
0.6979
JanuMarcMayJulySeptNove

BOB 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 0.7635, compared to 0.7956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 0.7635
H2 Avg (Jul–Dec) 0.7956

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1.3594 GHS (High: 2.1022 / Low: 0.7427). On the other end, July was the most stable month, with a tight range of 0.0098 GHS (High: 0.7837 / Low: 0.7739).

May Spread (Volatile) ±1.3594
July Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0362 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.7958) against the same month in 2018 (average: 0.6614), the exchange rate shifted by +0.1344 (+20.32%).

2019 Avg (May) 0.7958
2018 Avg (May) 0.6614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7286 0.6982 0.7094
February 0.7957 0.7188 0.7612
March 0.8187 0.7388 0.7850
April 0.7840 0.7370 0.7488
May 2.1022 0.7427 0.7958
June 0.7911 0.7743 0.7807
July 0.7837 0.7739 0.7798
August 0.7925 0.7784 0.7854
September 0.7965 0.7830 0.7934
October 0.7966 0.7795 0.7887
November 0.8127 0.7943 0.8019
December 0.8324 0.8129 0.8243