YEARLY HIGH
0.6905 AED
YEARLY LOW
0.6150 AED
YEARLY AVERAGE
0.6410 AED

2020 GHS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.6905. Conversely, the yearly low was recorded on December 7, dropping to 0.6150.

This high-to-low spread represents a total annual volatility of 0.0754 AED. From a start-to-finish perspective, comparing the January average rate of 0.6499 to the December average rate of 0.6259, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6905 was down 9.29% compared to the 2019 peak of 0.7611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,452 AED
2019 Average 3,424 AED
Yearly Trough Low 3,075 AED
Transaction Impact: A difference of 377.10 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6886
0.6202
JanuMarcMayJulySeptNove

GHS to AED 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 0.6497, compared to 0.6324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.6497
H2 Avg (Jul–Dec) 0.6324

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0444 AED (High: 0.6805 / Low: 0.6361). On the other end, August was the most stable month, with a tight range of 0.0031 AED (High: 0.6379 / Low: 0.6348).

March Spread (Volatile) ±0.0444
August Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0246 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.6829) against the same month in 2019 (average: 0.6986), the exchange rate shifted by -0.0157 (-2.25%).

2020 Avg (February) 0.6829
2019 Avg (February) 0.6986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6678 0.6429 0.6499
February 0.6905 0.6678 0.6829
March 0.6805 0.6361 0.6584
April 0.6458 0.6306 0.6360
May 0.6388 0.6330 0.6360
June 0.6394 0.6316 0.6348
July 0.6392 0.6316 0.6359
August 0.6379 0.6348 0.6364
September 0.6365 0.6326 0.6348
October 0.6341 0.6289 0.6319
November 0.6311 0.6267 0.6295
December 0.6289 0.6150 0.6259