2020 GHS to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 747.4939. Conversely, the yearly low was recorded on January 5, dropping to 568.0873.
This high-to-low spread represents a total annual volatility of 179.4066 COP. From a start-to-finish perspective, comparing the January average rate of 585.8983 to the December average rate of 590.0806, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 747.4939 was up 11.16% compared to the 2019 peak of 672.4251, 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 COP 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 651.3155, compared to 636.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.3064 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 113.2841 COP (High: 747.4939 / Low: 634.2098). On the other end, October was the most stable month, with a tight range of 20.1001 COP (High: 667.9896 / Low: 647.8896).
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 November and December, when the average rate fell by 41.4548 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 694.4628) against the same month in 2019 (average: 577.1645), the exchange rate shifted by +117.2983 (+20.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 621.8309 | 568.0873 | 585.8983 |
| February | 646.8068 | 619.7628 | 633.3706 |
| March | 747.4939 | 634.2098 | 694.4628 |
| April | 709.2209 | 661.1820 | 687.2137 |
| May | 689.1590 | 640.5444 | 666.6535 |
| June | 656.3634 | 616.3250 | 640.2942 |
| July | 649.1892 | 623.7097 | 631.7849 |
| August | 669.0496 | 645.1254 | 654.9778 |
| September | 669.9560 | 630.2345 | 648.3095 |
| October | 667.9896 | 647.8896 | 659.3666 |
| November | 664.4748 | 615.8208 | 631.5353 |
| December | 608.5033 | 579.1898 | 590.0806 |