YEARLY HIGH
0.0083 GHS
YEARLY LOW
0.0065 GHS
YEARLY AVERAGE
0.0073 GHS

2020 CLP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0083. Conversely, the yearly low was recorded on March 18, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0018 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0080, the exchange rate registered a net change of 9.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0083 was down 60.31% compared to the 2019 peak of 0.0208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 8,266 GHS
2019 Average 7,670 GHS
Yearly Trough Low 6,463 GHS
Transaction Impact: A difference of 1,803.26 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0082
0.0065
JanuMarcMayJulySeptNove

CLP 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 0.0070, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0007 GHS (High: 0.0076 / Low: 0.0069). On the other end, November was the most stable month, with a tight range of 0.0002 GHS (High: 0.0078 / Low: 0.0075).

January Spread (Volatile) ±0.0007
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and July, 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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0080) against the same month in 2019 (average: 0.0074), the exchange rate shifted by +0.0006 (+8.17%).

2020 Avg (December) 0.0080
2019 Avg (December) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0069 0.0073
February 0.0069 0.0066 0.0067
March 0.0069 0.0065 0.0066
April 0.0070 0.0067 0.0068
May 0.0072 0.0069 0.0070
June 0.0076 0.0070 0.0073
July 0.0076 0.0072 0.0074
August 0.0076 0.0071 0.0074
September 0.0076 0.0074 0.0075
October 0.0076 0.0072 0.0074
November 0.0078 0.0075 0.0077
December 0.0083 0.0077 0.0080