YEARLY HIGH
0.1465 GHS
YEARLY LOW
0.0495 GHS
YEARLY AVERAGE
0.0545 GHS

2019 CVE to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.1465. Conversely, the yearly low was recorded on January 6, dropping to 0.0495.

This high-to-low spread represents a total annual volatility of 0.0970 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0506 to the December average rate of 0.0571, the exchange rate registered a net change of 12.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1465 was up 174.94% compared to the 2018 peak of 0.0533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 732 GHS
2018 Average 250 GHS
Yearly Trough Low 248 GHS
Transaction Impact: A difference of 484.90 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0578
0.0500
JanuMarcMayJulySeptNove

CVE 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 0.0539, compared to 0.0552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0539
H2 Avg (Jul–Dec) 0.0552

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0945 GHS (High: 0.1465 / Low: 0.0520). On the other end, November was the most stable month, with a tight range of 0.0008 GHS (High: 0.0558 / Low: 0.0550).

May Spread (Volatile) ±0.0945
November Spread (Stable) ±0.0008

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 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0556) against the same month in 2018 (average: 0.0489), the exchange rate shifted by +0.0066 (+13.59%).

2019 Avg (May) 0.0556
2018 Avg (May) 0.0489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0518 0.0495 0.0506
February 0.0564 0.0515 0.0540
March 0.0577 0.0522 0.0554
April 0.0550 0.0514 0.0526
May 0.1465 0.0520 0.0556
June 0.0562 0.0542 0.0550
July 0.0555 0.0541 0.0548
August 0.0552 0.0537 0.0546
September 0.0551 0.0535 0.0546
October 0.0553 0.0532 0.0545
November 0.0558 0.0550 0.0553
December 0.0579 0.0555 0.0571