2020 GHS to EGP Historical Review

YEARLY HIGH

2.9435 EGP

YEARLY LOW

2.6263 EGP

YEARLY AVERAGE

2.7592 EGP

2020 GHS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 2.9435. Conversely, the yearly low was recorded on December 7, dropping to 2.6263.

This high-to-low spread represents a total annual volatility of 0.3173 EGP. From a start-to-finish perspective, comparing the January average rate of 2.8129 to the December average rate of 2.6737, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.9435 was down 20.69% compared to the 2019 peak of 3.7114, 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 14,718 EGP

2019 Average 15,691 EGP

Yearly Trough Low 13,131 EGP

Transaction Impact: A difference of 1,586.31 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9398

2.6495

JanuMarcMayJulySeptNove

GHS to EGP 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 2.7987, compared to 2.7196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0791 points.

H1 Avg (Jan–Jun) 2.7987

H2 Avg (Jul–Dec) 2.7196

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1717 EGP (High: 2.8974 / Low: 2.7257). On the other end, July was the most stable month, with a tight range of 0.0238 EGP (High: 2.7863 / Low: 2.7624).

March Spread (Volatile) ±0.1717

July Spread (Stable) ±0.0238

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 0.1043 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.9156) against the same month in 2019 (average: 3.3422), the exchange rate shifted by -0.4266 (-12.76%).

2020 Avg (February) 2.9156

2019 Avg (February) 3.3422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8727	2.7788	2.8129
February	2.9435	2.8727	2.9156
March	2.8974	2.7257	2.8113
April	2.7724	2.7103	2.7298
May	2.7530	2.6801	2.7289
June	2.8125	2.7691	2.7940
July	2.7863	2.7624	2.7711
August	2.7740	2.7399	2.7610
September	2.7494	2.7095	2.7267
October	2.7192	2.6818	2.7025
November	2.7019	2.6708	2.6827
December	2.6855	2.6263	2.6737