2020 GHS to AFN Historical Review

YEARLY HIGH

14.4922 AFN

YEARLY LOW

12.8728 AFN

YEARLY AVERAGE

13.4107 AFN

2020 GHS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 14.4922. Conversely, the yearly low was recorded on December 7, dropping to 12.8728.

This high-to-low spread represents a total annual volatility of 1.6194 AFN. From a start-to-finish perspective, comparing the January average rate of 13.6603 to the December average rate of 13.1334, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.4922 was down 7.48% compared to the 2019 peak of 15.6643, 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 72,461 AFN

2019 Average 72,582 AFN

Yearly Trough Low 64,364 AFN

Transaction Impact: A difference of 8,096.92 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.4194

13.0165

JanuMarcMayJulySeptNove

GHS to AFN 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 13.5679, compared to 13.2536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3142 points.

H1 Avg (Jan–Jun) 13.5679

H2 Avg (Jul–Dec) 13.2536

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7885 AFN (High: 14.0540 / Low: 13.2655). On the other end, November was the most stable month, with a tight range of 0.0945 AFN (High: 13.2326 / Low: 13.1381).

March Spread (Volatile) ±0.7885

November Spread (Stable) ±0.0945

Growth Streaks & Declines

Trends

Between April and June, 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 0.6432 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 14.3025) against the same month in 2019 (average: 14.2471), the exchange rate shifted by +0.0554 (+0.39%).

2020 Avg (February) 14.3025

2019 Avg (February) 14.2471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8909	13.5289	13.6603
February	14.4922	13.8909	14.3025
March	14.0540	13.2655	13.6592
April	13.3729	13.0905	13.1881
May	13.3207	13.1396	13.2424
June	13.4268	13.2798	13.3547
July	13.4213	13.2846	13.3421
August	13.4957	13.2721	13.3533
September	13.3293	13.2199	13.2777
October	13.2614	13.1592	13.2221
November	13.2326	13.1381	13.1932
December	13.1764	12.8728	13.1334