YEARLY HIGH
747.4939 COP
YEARLY LOW
568.0873 COP
YEARLY AVERAGE
643.6623 COP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 3,737,469 COP
2019 Average 3,055,559 COP
Yearly Trough Low 2,840,436 COP
Transaction Impact: A difference of 897,033.04 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

705.3192
575.0419
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 651.3155
H2 Avg (Jul–Dec) 636.0091

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±113.2841
October Spread (Stable) ±20.1001

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -41.4548

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 694.4628
2019 Avg (March) 577.1645

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