2020 GHS to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 13.5395. Conversely, the yearly low was recorded on December 7, dropping to 12.3798.
This high-to-low spread represents a total annual volatility of 1.1597 BTN. From a start-to-finish perspective, comparing the January average rate of 12.6036 to the December average rate of 12.5467, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 13.5395 was down 7.01% compared to the 2019 peak of 14.5599, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GHS to BTN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.0949, compared to 12.7499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3450 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.5799 BTN (High: 13.5395 / Low: 12.9597). On the other end, September was the most stable month, with a tight range of 0.1577 BTN (High: 12.7410 / Low: 12.5834).
Growth Streaks & Declines
TrendsBetween January and March, 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 August and September, when the average rate fell by 0.2320 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 13.2862) against the same month in 2019 (average: 13.5249), the exchange rate shifted by -0.2387 (-1.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9597 | 12.4391 | 12.6036 |
| February | 13.5395 | 12.9597 | 13.2862 |
| March | 13.5347 | 13.0477 | 13.3172 |
| April | 13.4313 | 13.0455 | 13.1826 |
| May | 13.1610 | 12.9079 | 13.0902 |
| June | 13.1580 | 12.9918 | 13.0895 |
| July | 13.0793 | 12.8746 | 12.9724 |
| August | 13.0063 | 12.6711 | 12.9176 |
| September | 12.7410 | 12.5834 | 12.6856 |
| October | 12.7869 | 12.5505 | 12.6509 |
| November | 12.8222 | 12.6108 | 12.7262 |
| December | 12.6292 | 12.3798 | 12.5467 |