YEARLY HIGH
2.1603 BWP
YEARLY LOW
1.8337 BWP
YEARLY AVERAGE
1.9968 BWP

2020 GHS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 2.1603. Conversely, the yearly low was recorded on December 19, dropping to 1.8337.

This high-to-low spread represents a total annual volatility of 0.3266 BWP. From a start-to-finish perspective, comparing the January average rate of 1.8977 to the December average rate of 1.8564, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1603 was down 3.28% compared to the 2019 peak of 2.2336, 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 10,801 BWP
2019 Average 10,024 BWP
Yearly Trough Low 9,169 BWP
Transaction Impact: A difference of 1,632.79 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1316
1.8314
JanuMarcMayJulySeptNove

GHS to BWP 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 2.0353, compared to 1.9583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0771 points.

H1 Avg (Jan–Jun) 2.0353
H2 Avg (Jul–Dec) 1.9583

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1415 BWP (High: 2.1219 / Low: 1.9804). On the other end, October was the most stable month, with a tight range of 0.0525 BWP (High: 1.9989 / Low: 1.9464).

March Spread (Volatile) ±0.1415
October Spread (Stable) ±0.0525

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0649 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.1066) against the same month in 2019 (average: 2.0567), the exchange rate shifted by +0.0499 (+2.43%).

2020 Avg (April) 2.1066
2019 Avg (April) 2.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9847 1.8568 1.8977
February 2.0826 1.9847 2.0442
March 2.1219 1.9804 2.0526
April 2.1603 2.0620 2.1066
May 2.1130 2.0465 2.0880
June 2.0593 1.9911 2.0231
July 2.0365 1.9737 2.0053
August 2.0505 1.9824 2.0164
September 2.0171 1.9558 1.9885
October 1.9989 1.9464 1.9707
November 1.9627 1.8841 1.9122
December 1.8966 1.8337 1.8564