2020 CVE to GHS Historical Review

YEARLY HIGH

0.0655 GHS

YEARLY LOW

0.0218 GHS

YEARLY AVERAGE

0.0591 GHS

2020 CVE to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0655. Conversely, the yearly low was recorded on March 18, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0437 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0567 to the December average rate of 0.0645, the exchange rate registered a net change of 13.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0655 was down 55.30% compared to the 2019 peak of 0.1465, 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 327 GHS

2019 Average 273 GHS

Yearly Trough Low 109 GHS

Transaction Impact: A difference of 218.52 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0657

0.0519

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 0.0561, compared to 0.0620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0561

H2 Avg (Jul–Dec) 0.0620

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0358 GHS (High: 0.0575 / Low: 0.0218). On the other end, October was the most stable month, with a tight range of 0.0011 GHS (High: 0.0624 / Low: 0.0613).

March Spread (Volatile) ±0.0358

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0037 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0645) against the same month in 2019 (average: 0.0571), the exchange rate shifted by +0.0074 (+12.97%).

2020 Avg (December) 0.0645

2019 Avg (December) 0.0571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0576	0.0549	0.0567
February	0.0549	0.0519	0.0530
March	0.0575	0.0218	0.0546
April	0.0574	0.0559	0.0567
May	0.0581	0.0563	0.0570
June	0.0595	0.0578	0.0588
July	0.0614	0.0576	0.0597
August	0.0624	0.0611	0.0618
September	0.0624	0.0608	0.0617
October	0.0624	0.0613	0.0618
November	0.0635	0.0613	0.0624
December	0.0655	0.0637	0.0645