2020 GHS to BAM Historical Review

YEARLY HIGH

0.3404 BAM

YEARLY LOW

0.2705 BAM

YEARLY AVERAGE

0.2998 BAM

2020 GHS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.3404. Conversely, the yearly low was recorded on December 7, dropping to 0.2705.

This high-to-low spread represents a total annual volatility of 0.0699 BAM. From a start-to-finish perspective, comparing the January average rate of 0.3117 to the December average rate of 0.2739, the exchange rate registered a net change of -12.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3404 was down 4.43% compared to the 2019 peak of 0.3561, 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 1,702 BAM

2019 Average 1,628 BAM

Yearly Trough Low 1,352 BAM

Transaction Impact: A difference of 349.51 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3393

0.2679

JanuMarcMayJulySeptNove

GHS to BAM 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 0.3141, compared to 0.2854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.3141

H2 Avg (Jul–Dec) 0.2854

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0236 BAM (High: 0.3296 / Low: 0.3060). On the other end, October was the most stable month, with a tight range of 0.0047 BAM (High: 0.2882 / Low: 0.2835).

March Spread (Volatile) ±0.0236

October Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0164 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.3333) against the same month in 2019 (average: 0.3277), the exchange rate shifted by +0.0057 (+1.73%).

2020 Avg (February) 0.3333

2019 Avg (February) 0.3277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3221	0.3063	0.3117
February	0.3404	0.3221	0.3333
March	0.3296	0.3060	0.3170
April	0.3162	0.3067	0.3118
May	0.3141	0.3037	0.3107
June	0.3064	0.2969	0.3004
July	0.3014	0.2862	0.2960
August	0.2889	0.2839	0.2866
September	0.2900	0.2825	0.2866
October	0.2882	0.2835	0.2860
November	0.2883	0.2784	0.2833
December	0.2789	0.2705	0.2739