2020 BOB to GHS Historical Review

YEARLY HIGH

0.8684 GHS

YEARLY LOW

0.7689 GHS

YEARLY AVERAGE

0.8306 GHS

2020 BOB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.8684. Conversely, the yearly low was recorded on February 22, dropping to 0.7689.

This high-to-low spread represents a total annual volatility of 0.0994 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8174 to the December average rate of 0.8512, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8684 was down 58.69% compared to the 2019 peak of 2.1022, 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 4,342 GHS

2019 Average 3,898 GHS

Yearly Trough Low 3,845 GHS

Transaction Impact: A difference of 497.18 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8586

0.7706

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 0.8197, compared to 0.8416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.8197

H2 Avg (Jul–Dec) 0.8416

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0566 GHS (High: 0.8375 / Low: 0.7809). On the other end, September was the most stable month, with a tight range of 0.0055 GHS (High: 0.8410 / Low: 0.8356).

March Spread (Volatile) ±0.0566

September Spread (Stable) ±0.0055

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 0.0395 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8512) against the same month in 2019 (average: 0.8243), the exchange rate shifted by +0.0269 (+3.26%).

2020 Avg (December) 0.8512

2019 Avg (December) 0.8243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8262	0.7955	0.8174
February	0.7955	0.7689	0.7779
March	0.8375	0.7809	0.8104
April	0.8458	0.8279	0.8377
May	0.8434	0.8338	0.8373
June	0.8406	0.8323	0.8375
July	0.8409	0.8331	0.8364
August	0.8400	0.8337	0.8360
September	0.8410	0.8356	0.8380
October	0.8459	0.8382	0.8418
November	0.8499	0.8415	0.8459
December	0.8684	0.8470	0.8512