2020 GHS to ARS Historical Review

YEARLY HIGH

14.3340 ARS

YEARLY LOW

10.4533 ARS

YEARLY AVERAGE

12.2898 ARS

2020 GHS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 14.3340. Conversely, the yearly low was recorded on January 5, dropping to 10.4533.

This high-to-low spread represents a total annual volatility of 3.8808 ARS. From a start-to-finish perspective, comparing the January average rate of 10.6028 to the December average rate of 14.0702, the exchange rate registered a net change of 32.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.3340 was up 29.07% compared to the 2019 peak of 11.1053, 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 71,670 ARS

2019 Average 44,702 ARS

Yearly Trough Low 52,266 ARS

Transaction Impact: A difference of 19,403.77 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.4170

10.2560

JanuMarcMayJulySeptNove

GHS to ARS 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 11.3932, compared to 13.1864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7931 points.

H1 Avg (Jan–Jun) 11.3932

H2 Avg (Jul–Dec) 13.1864

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.6893 ARS (High: 14.3340 / Low: 13.6448). On the other end, June was the most stable month, with a tight range of 0.2827 ARS (High: 12.1596 / Low: 11.8769).

December Spread (Volatile) ±0.6893

June Spread (Stable) ±0.2827

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0842 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 14.0702) against the same month in 2019 (average: 10.4955), the exchange rate shifted by +3.5747 (+34.06%).

2020 Avg (December) 14.0702

2019 Avg (December) 10.4955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9579	10.4533	10.6028
February	11.6175	10.9579	11.3926
March	11.5253	11.1088	11.3083
April	11.5323	11.1343	11.3487
May	11.8604	11.3659	11.6944
June	12.1596	11.8769	12.0127
July	12.5544	12.1514	12.3508
August	12.8568	12.5362	12.6855
September	13.1494	12.8404	12.9859
October	13.4533	13.1530	13.3373
November	13.8726	13.4524	13.6885
December	14.3340	13.6448	14.0702