YEARLY HIGH
1906.4592 GNF
YEARLY LOW
631.4190 GNF
YEARLY AVERAGE
1720.4835 GNF

2019 GHS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1906.4592. Conversely, the yearly low was recorded on May 19, dropping to 631.4190.

This high-to-low spread represents a total annual volatility of 1275.0402 GNF. From a start-to-finish perspective, comparing the January average rate of 1869.5831 to the December average rate of 1663.6514, the exchange rate registered a net change of -11.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1906.4592 was down 6.68% compared to the 2018 peak of 2042.8895, 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 9,532,296 GNF
2018 Average 9,673,061 GNF
Yearly Trough Low 3,157,095 GNF
Transaction Impact: A difference of 6,375,200.82 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1890.1763
1643.0582
JanuMarcMayJulySeptNove

GHS to GNF 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 1752.5624, compared to 1688.4045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.1579 points.

H1 Avg (Jan–Jun) 1752.5624
H2 Avg (Jul–Dec) 1688.4045

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1159.9792 GNF (High: 1791.3982 / Low: 631.4190). On the other end, July was the most stable month, with a tight range of 28.0451 GNF (High: 1725.2336 / Low: 1697.1885).

May Spread (Volatile) ±1159.9792
July Spread (Stable) ±28.0451

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 124.6985 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -124.6985

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1869.5831) against the same month in 2018 (average: 1983.8025), the exchange rate shifted by -114.2194 (-5.76%).

2019 Avg (January) 1869.5831
2018 Avg (January) 1983.8025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1906.4592 1824.8643 1869.5831
February 1845.6914 1657.9163 1744.8846
March 1799.1172 1622.0801 1695.1125
April 1800.9756 1691.5614 1772.1844
May 1791.3982 631.4190 1731.0659
June 1724.8134 1681.1791 1702.5439
July 1725.2336 1697.1885 1708.1687
August 1712.6969 1677.3452 1695.7989
September 1705.7974 1675.9853 1681.4189
October 1714.7512 1674.9619 1695.1677
November 1717.6686 1634.0315 1686.2215
December 1692.8576 1637.7063 1663.6514