YEARLY HIGH
20.1941 CVE
YEARLY LOW
6.8260 CVE
YEARLY AVERAGE
18.4138 CVE

2019 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 20.1941. Conversely, the yearly low was recorded on May 19, dropping to 6.8260.

This high-to-low spread represents a total annual volatility of 13.3682 CVE. From a start-to-finish perspective, comparing the January average rate of 19.7578 to the December average rate of 17.5040, the exchange rate registered a net change of -11.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.1941 was down 2.32% compared to the 2018 peak of 20.6734, 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 100,971 CVE
2018 Average 100,079 CVE
Yearly Trough Low 34,130 CVE
Transaction Impact: A difference of 66,840.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

19.9832
17.2786
JanuMarcMayJulySeptNove

GHS to CVE 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 18.6953, compared to 18.1323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5630 points.

H1 Avg (Jan–Jun) 18.6953
H2 Avg (Jul–Dec) 18.1323

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 12.4175 CVE (High: 19.2435 / Low: 6.8260). On the other end, November was the most stable month, with a tight range of 0.2700 CVE (High: 18.1859 / Low: 17.9159).

May Spread (Volatile) ±12.4175
November Spread (Stable) ±0.2700

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 1.2382 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 19.7578) against the same month in 2018 (average: 19.9966), the exchange rate shifted by -0.2388 (-1.19%).

2019 Avg (January) 19.7578
2018 Avg (January) 19.9966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.1941 19.2903 19.7578
February 19.4046 17.7243 18.5196
March 19.1533 17.3389 18.0585
April 19.4595 18.1888 19.0197
May 19.2435 6.8260 18.6348
June 18.4400 17.7812 18.1813
July 18.4744 18.0108 18.2615
August 18.6265 18.1221 18.3006
September 18.6756 18.1385 18.2992
October 18.7807 18.0805 18.3603
November 18.1859 17.9159 18.0679
December 18.0078 17.2637 17.5040