YEARLY HIGH
0.0708 BHD
YEARLY LOW
0.0631 BHD
YEARLY AVERAGE
0.0658 BHD

2020 GHS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0708. Conversely, the yearly low was recorded on December 7, dropping to 0.0631.

This high-to-low spread represents a total annual volatility of 0.0077 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0667 to the December average rate of 0.0643, 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 0.0708 was down 9.31% compared to the 2019 peak of 0.0781, 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 354 BHD
2019 Average 351 BHD
Yearly Trough Low 316 BHD
Transaction Impact: A difference of 38.54 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0707
0.0637
JanuMarcMayJulySeptNove

GHS to BHD 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 0.0667, compared to 0.0649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0667
H2 Avg (Jul–Dec) 0.0649

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0046 BHD (High: 0.0698 / Low: 0.0652). On the other end, August was the most stable month, with a tight range of 0.0003 BHD (High: 0.0655 / Low: 0.0651).

March Spread (Volatile) ±0.0046
August Spread (Stable) ±0.0003

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 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0701) against the same month in 2019 (average: 0.0717), the exchange rate shifted by -0.0016 (-2.25%).

2020 Avg (February) 0.0701
2019 Avg (February) 0.0717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0685 0.0660 0.0667
February 0.0708 0.0685 0.0701
March 0.0698 0.0652 0.0676
April 0.0662 0.0647 0.0654
May 0.0658 0.0651 0.0654
June 0.0657 0.0649 0.0652
July 0.0656 0.0649 0.0653
August 0.0655 0.0651 0.0653
September 0.0653 0.0649 0.0652
October 0.0651 0.0646 0.0649
November 0.0648 0.0643 0.0646
December 0.0646 0.0631 0.0643