2019 ETB to GHS Historical Review

YEARLY HIGH

0.5023 GHS

YEARLY LOW

0.1696 GHS

YEARLY AVERAGE

0.1845 GHS

2019 ETB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.5023. Conversely, the yearly low was recorded on January 5, dropping to 0.1696.

This high-to-low spread represents a total annual volatility of 0.3327 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1728 to the December average rate of 0.1810, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5023 was up 180.78% compared to the 2018 peak of 0.1789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,511 GHS

2018 Average 846 GHS

Yearly Trough Low 848 GHS

Transaction Impact: A difference of 1,663.47 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1921

0.1710

JanuMarcMayJulySeptNove

ETB 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 0.1840, compared to 0.1849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1840

H2 Avg (Jul–Dec) 0.1849

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.3248 GHS (High: 0.5023 / Low: 0.1775). On the other end, August was the most stable month, with a tight range of 0.0023 GHS (High: 0.1874 / Low: 0.1851).

May Spread (Volatile) ±0.3248

August Spread (Stable) ±0.0023

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 0.0101 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.1903) against the same month in 2018 (average: 0.1661), the exchange rate shifted by +0.0242 (+14.57%).

2019 Avg (May) 0.1903

2018 Avg (May) 0.1661

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1766	0.1696	0.1728
February	0.1931	0.1750	0.1848
March	0.1974	0.1785	0.1900
April	0.1888	0.1764	0.1799
May	0.5023	0.1775	0.1903
June	0.1908	0.1841	0.1863
July	0.1894	0.1842	0.1861
August	0.1874	0.1851	0.1860
September	0.1888	0.1839	0.1866
October	0.1864	0.1831	0.1845
November	0.1886	0.1825	0.1853
December	0.1864	0.1783	0.1810