2020 GHS to CNY Historical Review

YEARLY HIGH

1.3209 CNY

YEARLY LOW

1.0933 CNY

YEARLY AVERAGE

1.2049 CNY

2020 GHS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 1.3209. Conversely, the yearly low was recorded on December 7, dropping to 1.0933.

This high-to-low spread represents a total annual volatility of 0.2276 CNY. From a start-to-finish perspective, comparing the January average rate of 1.2252 to the December average rate of 1.1145, the exchange rate registered a net change of -9.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3209 was down 7.21% compared to the 2019 peak of 1.4235, 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 6,605 CNY

2019 Average 6,437 CNY

Yearly Trough Low 5,467 CNY

Transaction Impact: A difference of 1,137.85 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3193

1.0959

JanuMarcMayJulySeptNove

GHS to CNY 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 1.2439, compared to 1.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0781 points.

H1 Avg (Jan–Jun) 1.2439

H2 Avg (Jul–Dec) 1.1658

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0704 CNY (High: 1.2969 / Low: 1.2265). On the other end, July was the most stable month, with a tight range of 0.0120 CNY (High: 1.2215 / Low: 1.2095).

March Spread (Volatile) ±0.0704

July Spread (Stable) ±0.0120

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 0.0414 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.3007) against the same month in 2019 (average: 1.2822), the exchange rate shifted by +0.0186 (+1.45%).

2020 Avg (February) 1.3007

2019 Avg (February) 1.2822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2612	1.2043	1.2252
February	1.3209	1.2612	1.3007
March	1.2969	1.2265	1.2593
April	1.2436	1.2103	1.2243
May	1.2427	1.2177	1.2300
June	1.2408	1.2170	1.2240
July	1.2215	1.2095	1.2136
August	1.2100	1.1867	1.2007
September	1.1861	1.1687	1.1776
October	1.1723	1.1432	1.1567
November	1.1490	1.1225	1.1317
December	1.1229	1.0933	1.1145