2020 GHS to EUR Historical Review

YEARLY HIGH

0.1741 EUR

YEARLY LOW

0.1383 EUR

YEARLY AVERAGE

0.1532 EUR

2020 GHS to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.1741. Conversely, the yearly low was recorded on December 7, dropping to 0.1383.

This high-to-low spread represents a total annual volatility of 0.0358 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1594 to the December average rate of 0.1400, the exchange rate registered a net change of -12.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1741 was down 4.25% compared to the 2019 peak of 0.1818, 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 871 EUR

2019 Average 832 EUR

Yearly Trough Low 691 EUR

Transaction Impact: A difference of 179.22 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1734

0.1370

JanuMarcMayJulySeptNove

GHS to EUR 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 0.1605, compared to 0.1458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.1605

H2 Avg (Jul–Dec) 0.1458

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0121 EUR (High: 0.1676 / Low: 0.1556). On the other end, October was the most stable month, with a tight range of 0.0024 EUR (High: 0.1473 / Low: 0.1448).

March Spread (Volatile) ±0.0121

October Spread (Stable) ±0.0024

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 0.0085 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1703) against the same month in 2019 (average: 0.1676), the exchange rate shifted by +0.0028 (+1.66%).

2020 Avg (February) 0.1703

2019 Avg (February) 0.1676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1639	0.1567	0.1594
February	0.1741	0.1639	0.1703
March	0.1676	0.1556	0.1619
April	0.1618	0.1563	0.1593
May	0.1605	0.1554	0.1584
June	0.1565	0.1517	0.1536
July	0.1538	0.1459	0.1511
August	0.1479	0.1450	0.1465
September	0.1484	0.1453	0.1466
October	0.1473	0.1448	0.1462
November	0.1475	0.1428	0.1447
December	0.1414	0.1383	0.1400