2020 GHS to CVE Historical Review

YEARLY HIGH

45.9100 CVE

YEARLY LOW

15.2703 CVE

YEARLY AVERAGE

17.0362 CVE

2020 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 45.9100. Conversely, the yearly low was recorded on December 7, dropping to 15.2703.

This high-to-low spread represents a total annual volatility of 30.6397 CVE. From a start-to-finish perspective, comparing the January average rate of 17.6344 to the December average rate of 15.4933, the exchange rate registered a net change of -12.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 45.9100 was up 127.34% compared to the 2019 peak of 20.1941, 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 229,550 CVE

2019 Average 92,066 CVE

Yearly Trough Low 76,351 CVE

Transaction Impact: A difference of 153,198.45 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.2101

15.1555

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 17.9268, compared to 16.1457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7811 points.

H1 Avg (Jan–Jun) 17.9268

H2 Avg (Jul–Dec) 16.1457

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 28.5314 CVE (High: 45.9100 / Low: 17.3785). On the other end, October was the most stable month, with a tight range of 0.2947 CVE (High: 16.3146 / Low: 16.0199).

March Spread (Volatile) ±28.5314

October Spread (Stable) ±0.2947

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 March and April, when the average rate fell by 1.2374 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 18.8722) against the same month in 2019 (average: 18.0585), the exchange rate shifted by +0.8137 (+4.51%).

2020 Avg (March) 18.8722

2019 Avg (March) 18.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2136	17.3481	17.6344
February	19.2650	18.2136	18.8609
March	45.9100	17.3785	18.8722
April	17.8894	17.4182	17.6348
May	17.7734	17.2044	17.5528
June	17.3132	16.8134	17.0058
July	17.3565	16.2756	16.7671
August	16.3601	16.0145	16.1757
September	16.4435	16.0317	16.2191
October	16.3146	16.0199	16.1871
November	16.3215	15.7394	16.0317
December	15.6901	15.2703	15.4933