2019 GEL to GHS Historical Review

YEARLY HIGH

5.2916 GHS

YEARLY LOW

1.8003 GHS

YEARLY AVERAGE

1.9150 GHS

2019 GEL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 5.2916. Conversely, the yearly low was recorded on October 1, dropping to 1.8003.

This high-to-low spread represents a total annual volatility of 3.4913 GHS. From a start-to-finish perspective, comparing the January average rate of 1.8403 to the December average rate of 1.9710, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 5.2916 was up 158.97% compared to the 2018 peak of 2.0433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,458 GHS

2018 Average 9,426 GHS

Yearly Trough Low 9,001 GHS

Transaction Impact: A difference of 17,456.62 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.0402

1.8220

JanuMarcMayJulySeptNove

GEL 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 1.9524, compared to 1.8775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0749 points.

H1 Avg (Jan–Jun) 1.9524

H2 Avg (Jul–Dec) 1.8775

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 3.4221 GHS (High: 5.2916 / Low: 1.8695). On the other end, September was the most stable month, with a tight range of 0.0348 GHS (High: 1.8623 / Low: 1.8276).

May Spread (Volatile) ±3.4221

September Spread (Stable) ±0.0348

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 0.1001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 1.9990) against the same month in 2018 (average: 1.8628), the exchange rate shifted by +0.1362 (+7.31%).

2019 Avg (May) 1.9990

2018 Avg (May) 1.8628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8881	1.8035	1.8403
February	2.0755	1.8694	1.9835
March	2.1039	1.8950	2.0220
April	2.0143	1.8863	1.9219
May	5.2916	1.8695	1.9990
June	1.9804	1.9016	1.9477
July	1.9356	1.8159	1.8811
August	1.8657	1.8249	1.8522
September	1.8623	1.8276	1.8522
October	1.8654	1.8003	1.8402
November	1.8853	1.8448	1.8683
December	2.0137	1.8921	1.9710